Geary Sean T. 4
4 · GLOBAL PARTNERS LP · Filed Feb 28, 2025
Insider Transaction Report
Form 4
Geary Sean T.
Chief Legal Officer & Sec.
Transactions
- Tax Payment
Common units representing limited partner interests
2025-02-26$58.17/sh−8,888$517,015→ 41,187.489 total - Award
Common units representing limited partner interests
2025-02-26+19,724→ 50,075.489 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]Represents Common Units representing a limited partner interest in the Issuer that were earned under an award of performance phantom units ("Performance Units"), granted to the Reporting Person on June 8, 2022. Each Performance Unit represents a contingent right to receive one Common Unit, subject to the Issuer's level of achievement with respect to the certain distributable cash flow performance goal for the applicable performance period. Pursuant to the terms of the award agreement, the Reporting Person earned 200% of the target number of Performance Units, all of which settled in Common Units.
- [F3]Each Common Unit was withheld at the request of the Reporting Person to satisfy the tax withholding obligations of the Reporting Person.