Form 4 for GLP GLOBAL PARTNERS LP
Accepted 2024-02-29 00:00:00 ET · period of report 2024-02-28 · accession 0001062993-24-004940 · 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 | 2024-02-29 | 2024-02-28 | GLP | Geary Sean T. | CLO, Sec | M - OptEx | $0.00 | +4,075 | 24.0K | +20% | $0 |
| D | 2024-02-29 | 2024-02-28 | GLP | Geary Sean T. | CLO, Sec | F - Tax | $45.85 | -1,192 | 22.8K | -5% | -$54.7K |
| D | 2024-02-29 | 2024-02-28 | GLP | Geary Sean T. | CLO, Sec | M - OptEx | $0.00 | -4,075 | 0 | -100% | $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 | 2024-02-28 | M | A | 4,075 | $0.00 | 23,970.49 | D | — | — | (F4) Pursuant to a Grant Agreement dated February 23, 2023, the Reporting Person was granted 4,075 Phantom Units. Upon satisfying the vesting conditions set forth in said Grant Agreement, the Phantom Units vested 100% on February 23, 2024. (F1) 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") on a one-for-one basis. |
| 2 | Common | Common units representing limited partner interests | 2024-02-28 | F | D | 1,192 | $45.85 | 22,778.49 | D | — | — | (F2) Each Common Unit was withheld at the request of the Reporting Person to satisfy the tax withholding obligations of the Reporting Person. |
| 3 | Derivative | Phantom Units | 2024-02-28 | M | D | 4,075 | $0.00 | 0 | D | $0.00 · — to — | 4,075 Common units representing limited partner interests | (F3) Each Phantom Unit is the economic equivalent of one Common Unit. (F1) 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") on a one-for-one basis. (F4) Pursuant to a Grant Agreement dated February 23, 2023, the Reporting Person was granted 4,075 Phantom Units. Upon satisfying the vesting conditions set forth in said Grant Agreement, the Phantom Units vested 100% on February 23, 2024. |