Faneuil Edward J 4
4 · GLOBAL PARTNERS LP · Filed Jul 2, 2018
Insider Transaction Report
Form 4
Faneuil Edward J
EVP and General Counsel
Transactions
- Exercise/Conversion
Common units representing limited partner interests
2018-07-01+849→ 1,748 total - Exercise/Conversion
Phantom Units
2018-07-01−849→ 848 totalExercise: $0.00→ Common units representing limited partner interests (849 underlying)
Footnotes (3)
- [F1]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.
- [F2]Each Phantom Unit is the economic equivalent of one Common Unit.
- [F3]Pursuant to a Grant Agreement dated September 23, 2013, the Reporting Person was granted 2,546 Phantom Units. Upon satisfying the vesting conditions set forth in said Grant Agreement, the Phantom Units vest as follows: 33 1/3% on July 1, 2017, 66 2/3% on July 1, 2018 and 100% on July 1, 2019.