GLOBAL PARTNERS LP 4
4 · GLOBAL PARTNERS LP · Filed Jan 4, 2017
Insider Transaction Report
Form 4
Rudinsky Charles A
EVP, Treasurer & CAO
Transactions
- Exercise/Conversion
Phantom units representing limited partner interests
2016-12-31−425→ 0 totalExercise: $0.00From: 2016-12-31Exp: 2016-12-31→ Common units representing limited partner interests (425 underlying) - Exercise/Conversion
Phantom units representing limited partner interests
2016-12-31−1,697→ 0 totalExercise: $0.00From: 2016-12-31Exp: 2016-12-31→ Common units representing limited partner interests (1,697 underlying) - Exercise/Conversion
Common units representing limited partner interests
2016-12-31$19.45/sh+425$8,266→ 26,085 total - Exercise/Conversion
Common units representing limited partner interests
2016-12-31$19.45/sh+1,697$33,007→ 25,660 total
Footnotes (5)
- [F1]Closing market price on December 30, 2016.
- [F2]Phantom units representing limited partner interests in Global Partners LP ("Phantom Units") convert into common units representing limited partner interests in Global Partners LP ("Common Units").
- [F3]Each Phantom Unit is the economic equivalent of one Common Unit.
- [F4]Pursuant to a Grant Agreement dated June 27, 2013, the Reporting Person was granted 5,091 Phantom Units. Upon satisfying the vesting conditions set forth in said Grant Agreement, the Phantom Units vest as follows: 33 1/3% each on December 31, 2014, December 31, 2015 and December 31, 2016.
- [F5]Pursuant to a Grant Agreement dated September 23, 2013, the Reporting Person was granted 1,273 Phantom Units. Upon satisfying the vesting conditions set forth in said Grant Agreement, the Phantom Units vest as follows: 33 1/3% each on December 31, 2014, December 31, 2015 and December 31, 2016.