GLOBAL PARTNERS LP 4
4 · GLOBAL PARTNERS LP · Filed Jul 1, 2013
Insider Transaction Report
Form 4
Faneuil Edward J
EVP and General Counsel
Transactions
- Exercise/Conversion
Common units representing limited partner units
2013-03-19+24,251→ 58,645 total - Exercise/Conversion
Phantom Units
2013-03-19$37.29/sh−24,251$904,320→ 24,251 totalExercise: $0.00From: 2013-03-19Exp: 2013-03-19→ Common Units (24,251 underlying) - Disposition to Issuer
Common units representing limited partner units
2013-03-19$37.29/sh−8,488$316,518→ 50,157 total - Award
Phantom Units
2013-06-27+76,356→ 76,356 totalExercise: $0.00→ Common Units (76,356 underlying)
Footnotes (3)
- [F1]Acquisition of common units representing limited partner interests in Global Partners LP, in settlement of 50% of the phantom units that were granted to Mr. Edward J. Faneuil under a Grant Agreement dated February 5, 2009 pursuant to the Global Partners LP Long-Term Incentive Plan, as a result of the satisfaction of certain early vesting conditions set forth in the Grant Agreement.
- [F2]Each phantom unit is the economic equivalent of one common unit of Global Partners LP.
- [F3]The phantom units will vest as follows: 33 1/3% on July 1, 2017, 66 2/3% on July 1, 2018 and 100% on July 1, 2019.