4//SEC Filing
GLOBAL PARTNERS LP 4
Accession 0001323468-17-000004
$GLPCIK 0001323468operating
Filed
Jan 3, 7:00 PM ET
Accepted
Jan 4, 8:57 PM ET
Size
10.6 KB
Accession
0001323468-17-000004
Insider Transaction Report
Form 4
MCKOWN DAVID K
Director
Transactions
- Exercise/Conversion
Phantom units representing limited partner interests
2017-01-02−3,553→ 3,553 totalExercise: $0.00From: 2017-01-02Exp: 2018-01-02→ Common units representing limited partner interests (3,553 underlying) - Exercise/Conversion
Common units representing limited partner interests
2016-12-31$19.45/sh+2,715$52,807→ 10,572 total - Exercise/Conversion
Phantom units representing limited partner interests
2016-12-31−2,715→ 0 totalExercise: $0.00From: 2016-12-31Exp: 2016-12-31→ Common units representing limited partner interests (2,715 underlying)
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 8,145 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 18, 2015, the Reporting Person was granted 10,659 Phantom Units. Upon satisfying the vesting conditions set forth in said Grant Agreement, the Phantom Units vest as follows: 33 1/3% each on January 2, 2016, January 2, 2017 and January 2, 2018 and shall be paid in cash payments equal to the Fair Market Value of one Common Unit on the day immediately preceding the payment date for each Phantom Unit that is to be settled.
Documents
Issuer
GLOBAL PARTNERS LP
CIK 0001323468
Entity typeoperating
Related Parties
1- filerCIK 0001323468
Filing Metadata
- Form type
- 4
- Filed
- Jan 3, 7:00 PM ET
- Accepted
- Jan 4, 8:57 PM ET
- Size
- 10.6 KB