Kelly Clare McGrory 4
4 · GLOBAL PARTNERS LP · Filed Jan 9, 2024
Insider Transaction Report
Form 4
Kelly Clare McGrory
Director
Transactions
- Exercise/Conversion
Phantom Units
2024-01-05−3,108→ 0 totalExercise: $0.00→ Common units representing limited partner interests (3,108 underlying) - Exercise/Conversion
Common units representing limited partner interests
2024-01-05$42.00/sh+3,108$130,536→ 3,908 total
Footnotes (3)
- [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.
- [F2]Each Phantom Unit is the economic equivalent of one Common Unit.
- [F3]Pursuant to a Grant Agreement dated August 22, 2023, the Reporting Person was granted 3,108 Phantom Units. Upon satisfying the vesting conditions set forth in said Grant Agreement, the Phantom Units vested 100% on January 5, 2024.