Form 4 for GLP GLOBAL PARTNERS LP

Accepted 2021-11-23 00:00:00 ET · period of report 2021-11-19 · accession 0001062993-21-011455 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
M	2021-11-23	2021-11-19	GLP	Global GP LLC	General Partner	J - Other	$26.81	-21.2K	26.0K	-45%	-$567.9K

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common units representing limited partner interests	2021-11-19	J	A	16,879	$26.81	42,925	D	—	—	(F4) The Reporting Person withheld Common Units from the estate of the grant award recipient, which elected a cashless exercise to satisfy the tax obligation on the award. (F2) The Issuer's closing market price on July 30, 2021 (the business date immediately prior to vesting); transfer delayed to accommodate probate matters. (F3) The Reporting Person disclaims any pecuniary interest in the Common Units and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the Common Units for purposes of Section 16.
2	Common	Common units representing limited partner interests	2021-11-19	J	D	38,060	$26.81	26,046	D	—	—	(F1) The Reporting Person is delivering common units representing limited partner interests in the Issuer ("Common Units") under the Global Partners LP Long-Term Incentive Plan ("LTIP") to satisfy its obligations of outstanding equity awards. (F2) The Issuer's closing market price on July 30, 2021 (the business date immediately prior to vesting); transfer delayed to accommodate probate matters. (F3) The Reporting Person disclaims any pecuniary interest in the Common Units and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the Common Units for purposes of Section 16.