SEC Form 4 · accession 0001339396-15-000002
GLOBAL PARTNERS LP · GLP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Global GP LLC
Other
Period of report
Jan 15, 2015
Accepted (ET)
Mar 19, 2015 · 7:12 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001323468
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common units representing limited partner interestsF3 | Jan 15, 2015 | J | 2,708 | $37.18 | D | 398,160 | D | |
| Common units representing limited partner interestsF3 | Jan 15, 2015 | J | 10,266 | $37.18 | D | 387,894 | D | |
| Common units representing limited partner interestsF5 | Mar 18, 2015 | P | 7,925 | $35.70 | A | 395,819 | D | |
| Common units representing limited partner interestF6 | Mar 19, 2015 | P | 12,600 | $36.66 | A | 408,419 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents delivery of common units in satisfaction of Global GP LLC's obligation to deliver common units under grants approved on June 27, 2013, and on September 23, 2013, under the Global Partners LP Long-Term Incentive Plan (as amended and restated effective June 22, 2012) ("LTIP") to certain officers, directors and employees.
- F2Represents delivery of common units in satisfaction of Global GP LLC's obligation to deliver common units under a grant approved on January 15, 2015, under the LTIP to certain officers, directors and employees.
- F3Closing market price on January 15, 2015.
- F4Global GP LLC is purchasing common units for the purpose of meeting its anticipated obligations to deliver common units under the LTIP to certain officers, directors and employees. The reporting person disclaims any pecuniary interest in these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16.
- F5The price reported is a weighted average price. The common units shown on Line 3 in Column 4 were purchased in multiple transactions at prices ranging from $35.07 to $36.00, inclusive. The reporting person undertakes to provide to Global Partners LP, any security holder of Global Partners LP, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of common units purchased at each separate price within the ranges set forth in this footnote (5) to this Form 4.
- F6The price reported is a weighted average price. The common units shown on Line 4 in Column 4 were purchased in multiple transactions at prices ranging from $36.03 to $37.00, inclusive. The reporting person undertakes to provide to Global Partners LP, any security holder of Global Partners LP, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of common units purchased at each separate price within the ranges set forth in this footnote (6) to this Form 4.