Form 4 for GLP GLOBAL PARTNERS LP
Accepted 2022-08-05 00:00:00 ET · period of report 2022-05-19 · accession 0001062993-22-017350 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-08-05 | 2022-05-19 | GLP | Langhorn Jeremy | CHRO | S - Sale | $27.67 | -2,191 | 0 | -100% | -$60.6K |
| D | 2022-08-05 | 2022-06-08 | GLP | Langhorn Jeremy | CHRO | A - Grant | $0.00 | +7,890 | 7,890 | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common units representing limited partner interests | 2022-05-19 | S | D | 2,191 | $27.67 | 0 | D | — | — | (F1) The price reported is the price per common unit representing limited partner interests in Global Partners LP ("Common Unit"). Common Units were sold at the price of $27.67 per Common Unit. |
| 2 | Derivative | Phantom Units | 2022-06-08 | A | A | 7,890 | $0.00 | 7,890 | D | $0.00 · — to — | 7,890 Common units representing limited partner interests | (F2) Each Phantom Unit is the economic equivalent of one Common Unit. (F3) Each phantom unit representing the right to receive one Common Unit upon vesting ("Phantom Unit") converts into a common unit representing a limited partner interest in the Issuer ("Common Unit"), or an equivalent amount of cash, on a one-for-one basis. (F4) Pursuant to a Grant Agreement dated June 8, 2022, the Reporting Person was granted 7,890 Phantom Units. Upon satisfying the vesting conditions set forth in said Grant Agreement, the Phantom Units vest as follows: One-Third on January 1, 2023, One-Third on January 1, 2024 and One-Third on January 1, 2025. |