McKown David K 4
4 · GLOBAL PARTNERS LP · Filed Jan 6, 2011
Insider Transaction Report
Form 4
McKown David K
Director
Transactions
- Exercise/Conversion
Phantom units
2010-12-31−1,200→ 0 totalFrom: 2010-12-31Exp: 2010-12-31→ Common units (1,200 underlying) - Exercise/Conversion
Common units representing limited partner interests
2010-12-31$27.40/sh+1,200$32,880→ 2,427 total
Footnotes (2)
- [F1]Acquisition of common units representing limited partner interests in Global Partners LP, in settlement of the vesting of the phantom units that were granted to Mr. McKown under a Grant Agreement dated April 20, 2010 pursuant to the Global Partners Long-Term Incentive Plan, as a result of the satisfaction of vesting conditions set forth in the Grant Agreement.
- [F2]Each phantom unit is the economic equivalent of one common unit of Global Partners LP.