GLOBAL PARTNERS LP 4
4 · GLOBAL PARTNERS LP · Filed Jul 1, 2013
Insider Transaction Report
Form 4
Rudinsky Charles A
EVP, Treasurer & CAO
Transactions
- Award
Phantom Units
2013-06-27+5,091→ 5,091 totalExercise: $0.00→ Common Units (5,091 underlying) - Disposition to Issuer
Common units representing limited partner interests
2013-03-19$37.29/sh−2,796$104,263→ 19,721 total - Exercise/Conversion
Phantom Units
2013-03-19$37.29/sh−8,819$328,861→ 8,819 totalExercise: $0.00From: 2013-03-19Exp: 2013-03-19→ Common Units (8,819 underlying) - Exercise/Conversion
Common units representing limited partner interests
2013-03-19+8,819→ 22,517 total
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. Charles A. Rudinsky 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 December 31, 2014, 66 2/3% on December 31, 2015 and 100% on December 1, 2016.