Form 4 for GLP GLOBAL PARTNERS LP
Accepted 2025-03-25 00:00:00 ET · period of report 2025-03-21 · accession 0001062993-25-006298 · 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 | 2025-03-25 | 2025-03-24 | GLP | Romaine Mark | COO | M - OptEx | $0.00 | +11.2K | 167.3K | +7% | $0 |
| DM | 2025-03-25 | 2025-03-21+ | GLP | Romaine Mark | COO | S - Sale+OE | $52.93 | -15.0K | 156.2K | -9% | -$794.3K |
| D | 2025-03-25 | 2025-03-24 | GLP | Romaine Mark | COO | F - Tax | $53.11 | -5,396 | 162.0K | -3% | -$286.6K |
| D | 2025-03-25 | 2025-03-24 | GLP | Romaine Mark | COO | M - OptEx | $0.00 | -11.2K | 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 | 2025-03-24 | M | A | 11,161 | $0.00 | 167,348 | D | — | — | (F2) 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. (F3) Pursuant to a Grant Agreement dated March 25, 2024, the Reporting Person was granted 11,161 Phantom Units. Upon satisfying the vesting conditions set forth in said Grant Agreement, the Phantom Units vested 100% on March 24, 2025. |
| 2 | Common | Common units representing limited partner interests | 2025-03-25 | S | D | 12,800 | $52.74 | 149,152 | D | — | — | (F5) Common units representing limited partner interests in the Issuer ("Common Units") were sold at a weighted average price. These common units were sold in multiple transactions at prices ranging from $52.34 to $53.53, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Common Units sold at each separate price within the range set forth in this footnote (6) to this Form 4. |
| 3 | Common | Common units representing limited partner interests | 2025-03-24 | F | D | 5,396 | $53.11 | 161,952 | D | — | — | (F4) Each Common Unit was withheld at the request of the Reporting Person to satisfy the tax withholding obligations of the Reporting Person. |
| 4 | Common | Common units representing limited partner interests | 2025-03-24 | S | D | 11 | $54.00 | 156,187 | D | — | — | |
| 5 | Common | Common units representing limited partner interests | 2025-03-21 | S | D | 2,195 | $54.06 | 156,198 | D | — | — | (F1) Common units representing limited partner interests in the Issuer ("Common Units") were sold at a weighted average price. These common units were sold in multiple transactions at prices ranging from $54.00 to $54.09, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Common Units sold at each separate price within the range set forth in this footnote (1) to this Form 4. |
| 6 | Derivative | Phantom Units | 2025-03-24 | M | D | 11,161 | $0.00 | 0 | D | $0.00 · — to — | 11,161 Common units representing limited partner interests | (F2) 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. (F3) Pursuant to a Grant Agreement dated March 25, 2024, the Reporting Person was granted 11,161 Phantom Units. Upon satisfying the vesting conditions set forth in said Grant Agreement, the Phantom Units vested 100% on March 24, 2025. |