Faneuil Edward J 4
4 · GLOBAL PARTNERS LP · Filed Feb 23, 2011
Insider Transaction Report
Form 4
Faneuil Edward J
EVP and General Counsel
Transactions
- Disposition to Issuer
Common units representing limited partner interests
2011-02-18$27.77/sh−3,850$106,915→ 34,394 total - Exercise/Conversion
Common units representing limited partner interests
2011-02-18+12,125→ 38,244 total - Exercise/Conversion
Phantom units
2011-02-18$27.77/sh−12,125$336,711→ 24,251 totalExercise: $0.00From: 2011-02-18Exp: 2011-02-18→ Common units (12,125 underlying)
Footnotes (2)
- [F1]Acquisition of common units representing limited partner interests in Global Partners LP, in settlement of 25% of the phantom units that were granted to Mr. Edward J. Faneuil 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.