Initial Statement of Beneficial Ownership (3)
October 06 2021 - 4:31PM
Edgar (US Regulatory)
FORM 3
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
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OMB APPROVAL
OMB Number:
3235-0104
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
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Hanson Gregory B. |
2. Date of Event Requiring Statement (MM/DD/YYYY)
9/1/2021
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3. Issuer Name and Ticker or Trading Symbol
GLOBAL PARTNERS LP [GLP]
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(Last)
(First)
(Middle)
C/O GLOBAL PARTNERS LP, 800 SOUTH STREET, SUITE 500 |
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)
_____ Director _____ 10% Owner ___X___ Officer (give title below) _____ Other (specify below) Chief Financial Officer / |
(Street)
WALTHAM, MA 02453
(City)
(State)
(Zip)
| 5. If Amendment, Date Original Filed(MM/DD/YYYY)
| 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Beneficially Owned
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1.Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Common units representing limited partner interests | 9635 | D | |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security (Instr. 4) | 2. Date Exercisable and Expiration Date (MM/DD/YYYY) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) |
Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Phantom Units (1) | (2) | (2) | Common units representing limited partner interests | 2388 | $0 (3) | D | |
Explanation of Responses: |
(1) | Each phantom unit representing the right to receive one common unit upon vesting ("Phantom Unit") is the economic equivalent of one common unit representing a limited partner interest in the Issuer ("Common Unit")
upon vesting. |
(2) | Pursuant to a Grant Agreement dated August 16, 2017, the Reporting Person was granted 5,971 Phantom Units. Upon satisfying the vesting conditions set forth in said Grant Agreement, the Phantom Units vest as follows: 25% on August 1, 2020, 35% on August 1, 2021 (such that a total of 60% of the Phantom Units will have vested as of such date) and 40% on August 1, 2022 (such that a total of 100% of the Phantom Units will have vested as of
such date). |
(3) | Each Phantom Unit converts into a Common Unit on a one-for-one basis. |
Reporting Owners
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Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Hanson Gregory B. C/O GLOBAL PARTNERS LP, 800 SOUTH STREET SUITE 500 WALTHAM, MA 02453 |
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| Chief Financial Officer |
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Signatures
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By: Amy J. Gould, Attorney-in-Fact for Gregory B. Hanson | | 10/6/2021 |
**Signature of Reporting Person | Date |
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