4//SEC Filing
Romaine Mark 4
Accession 0001062993-25-006298
CIK 0001323468other
Filed
Mar 24, 8:00 PM ET
Accepted
Mar 25, 6:53 PM ET
Size
14.4 KB
Accession
0001062993-25-006298
Insider Transaction Report
Form 4
Romaine Mark
Chief Operating Officer
Transactions
- Tax Payment
Common units representing limited partner interests
2025-03-24$53.11/sh−5,396$286,582→ 161,952 total - Sale
Common units representing limited partner interests
2025-03-21$54.06/sh−2,195$118,662→ 156,198 total - Exercise/Conversion
Common units representing limited partner interests
2025-03-24+11,161→ 167,348 total - Sale
Common units representing limited partner interests
2025-03-25$52.74/sh−12,800$675,072→ 149,152 total - Sale
Common units representing limited partner interests
2025-03-24$54.00/sh−11$594→ 156,187 total - Exercise/Conversion
Phantom Units
2025-03-24−11,161→ 0 totalExercise: $0.00→ Common units representing limited partner interests (11,161 underlying)
Footnotes (5)
- [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.
- [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.
- [F4]Each Common Unit was withheld at the request of the Reporting Person to satisfy the tax withholding obligations of the Reporting Person.
- [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.
Issuer
GLOBAL PARTNERS LP
CIK 0001323468
Entity typeother
Related Parties
1- filerCIK 0001578638
Filing Metadata
- Form type
- 4
- Filed
- Mar 24, 8:00 PM ET
- Accepted
- Mar 25, 6:53 PM ET
- Size
- 14.4 KB