Filing Details
- Accession Number:
- 0001062993-25-006298
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2025-03-25 18:53:11
- Reporting Period:
- 2025-03-21
- Filing Date:
- 2025-03-25
- Accepted Time:
- 2025-03-25 18:53:11
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1323468 | Global Partners Lp | GLP | Wholesale-Petroleum Bulk Stations & Terminals (5171) | 743140887 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1578638 | Mark Romaine | C/O Global Partners Lp 800 South Street, Suite 500 Waltham MA 02453 | Chief Operating Officer | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Units Representing Limited Partner Interests | Disposition | 2025-03-21 | 2,195 | $54.06 | 156,198 | No | 4 | S | Direct | |
| Common Units Representing Limited Partner Interests | Disposition | 2025-03-24 | 11 | $54.00 | 156,187 | No | 4 | S | Direct | |
| Common Units Representing Limited Partner Interests | Acquisiton | 2025-03-24 | 11,161 | $0.00 | 167,348 | No | 4 | M | Direct | |
| Common Units Representing Limited Partner Interests | Disposition | 2025-03-24 | 5,396 | $53.11 | 161,952 | No | 4 | F | Direct | |
| Common Units Representing Limited Partner Interests | Disposition | 2025-03-25 | 12,800 | $52.74 | 149,152 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Units Representing Limited Partner Interests | Phantom Units | Disposition | 2025-03-24 | 11,161 | $0.00 | 11,161 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | No | 4 | M | Direct |
Footnotes
- Common units representing limited partner interests in the Issuer ("Common Units") were sold at a weighted average price. These common units were sold in multiple transactions at prices ranging from $54.00 to $54.09, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Common Units sold at each separate price within the range set forth in this footnote (1) to this Form 4.
- 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.
- Pursuant to a Grant Agreement dated March 25, 2024, the Reporting Person was granted 11,161 Phantom Units. Upon satisfying the vesting conditions set forth in said Grant Agreement, the Phantom Units vested 100% on March 24, 2025.
- Each Common Unit was withheld at the request of the Reporting Person to satisfy the tax withholding obligations of the Reporting Person.
- Common units representing limited partner interests in the Issuer ("Common Units") were sold at a weighted average price. These common units were sold in multiple transactions at prices ranging from $52.34 to $53.53, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Common Units sold at each separate price within the range set forth in this footnote (6) to this Form 4.
Billionaire Hedge Funds
