SEC Form 4 · accession 0001336791-15-000004
GLOBAL PARTNERS LP · GLP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert J McCool
Director
Period of report
Apr 20, 2015
Accepted (ET)
Apr 22, 2015 · 8:02 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001323468
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom units representing limited partner interestsF1,F2 | $0.00 | Apr 20, 2015 | A | 10,659 | A | — | — | Common units representing limited partner interests | 10,659 | 16,089 | D |
Explanation of responses
- F1Each phantom unit is the economic equivalent of one common unit representing limited partner interests in Global Partners LP.
- F2Pursuant to a Grant Agreement dated April 20, 2015, Mr. McCool was granted 10,659 phantom units. The phantom units will vest as follows: 33 1/3% on January 2, 2016, 66 2/3% on January 2, 2017, and 100% on January 2, 2018.
Remarks
REMARKS: Mr. Robert J. McCool is a Director of Global GP LLC, the general partner of Global Partners LP, the Issuer.