SEC Form 4 · accession 0001339396-15-000004
GLOBAL PARTNERS LP · GLP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Global GP LLC
Other
Period of report
Mar 20, 2015
Accepted (ET)
Mar 24, 2015 · 11:46 am 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 interestsF2 | Mar 20, 2015 | P | 21,000 | $37.57 | A | 429,419 | D | |
| Common units representing limited partner interestF3 | Mar 23, 2015 | P | 23,800 | $38.07 | A | 453,219 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Global 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.
- F2The price reported is a weighted average price. The common units shown on Line 1 in Column 4 were purchased in multiple transactions at prices ranging from $37.25 to $37.75, 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 (2) to this Form 4.
- F3The price reported is a weighted average price. The common units shown on Line 2 in Column 4 were purchased in multiple transactions at prices ranging from $37.60 to $38.25, 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 (3) to this Form 4.