Geary Sean T. 4
4 · GLOBAL PARTNERS LP · Filed Jan 7, 2025
Insider Transaction Report
Form 4
Geary Sean T.
Chief Legal Officer & Sec.
Transactions
- Exercise/Conversion
Common units representing limited partner interests
2025-01-06+3,803→ 31,467.489 total - Exercise/Conversion
Phantom Units
2025-01-05−3,934→ 3,934 totalExercise: $0.00→ Common units representing limited partner interests (3,934 underlying) - Exercise/Conversion
Phantom Units
2025-01-06−3,803→ 7,605 totalExercise: $0.00→ Common units representing limited partner interests (3,803 underlying) - Exercise/Conversion
Common units representing limited partner interests
2025-01-05+3,934→ 28,818.489 total - Tax Payment
Common units representing limited partner interests
2025-01-05$47.25/sh−1,154$54,527→ 27,664.489 total - Tax Payment
Common units representing limited partner interests
2025-01-06$47.25/sh−1,116$52,731→ 30,351.489 total
Footnotes (5)
- [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]Pursuant to a Grant Agreement dated March 3, 2023, the Reporting Person was granted 11,802 Phantom Units. Upon satisfying the vesting conditions set forth in said Grant Agreement, the Phantom Units cumulatively vested or will vest as follows: one-third on January 5, 2024, one-third on January 5, 2025 and one-third on January 5, 2026.
- [F3]Each Common Unit was withheld at the request of the Reporting Person to satisfy the tax withholding obligations of the Reporting Person.
- [F4]Pursuant to a Grant Agreement dated March 25, 2024, the Reporting Person was granted 11,408 Phantom Units. Upon satisfying the vesting conditions set forth in said Grant Agreement, the Phantom Units cumulatively vested or will vest as follows: one-third on January 6, 2025, one-third on January 5, 2026 and one-third on January 5, 2027.
- [F5]Each Phantom Unit is the economic equivalent of one Common Unit.