4//SEC Filing
Foster Daphne H. 4
Accession 0001323468-21-000029
CIK 0001323468other
Filed
Aug 5, 8:00 PM ET
Accepted
Aug 6, 1:24 PM ET
Size
9.3 KB
Accession
0001323468-21-000029
Insider Transaction Report
Form 4
Foster Daphne H.
CFO and Treasurer
Transactions
- Exercise/Conversion
Common units representing limited partner interests
2021-08-04+18,850→ 45,779 total - Exercise/Conversion
Phantom units
2021-08-04−18,850→ 21,541 totalExercise: $0.00→ Common units representing limited partner interests (18,850 underlying) - Tax Payment
Common units representing limited partner interests
2021-08-04$26.81/sh−8,359$224,105→ 37,420 total
Footnotes (5)
- [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 Common Unit was withheld at the request of the Reporting Person to satisfy the tax withholding obligations of the Reporting Person.
- [F3]The Issuer's closing market price on July 30, 2021 (the date immediately prior to vesting).
- [F4]Each Phantom Unit is the economic equivalent of one Common Unit.
- [F5]Pursuant to a Grant Agreement dated August 16, 2017, the Reporting Person was granted 53,855 Phantom Units. Upon satisfying the vesting conditions set forth in said Grant Agreement, the Phantom Units cumulatively vest as follows: 25% on August 1, 2020, 60% on August 20, 2021 and 100% on August 1, 2022.
Documents
Issuer
GLOBAL PARTNERS LP
CIK 0001323468
Entity typeother
Related Parties
1- filerCIK 0001578668
Filing Metadata
- Form type
- 4
- Filed
- Aug 5, 8:00 PM ET
- Accepted
- Aug 6, 1:24 PM ET
- Size
- 9.3 KB