Form 4 - Statement of changes in beneficial ownership of securities

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Slifka Eric

(Last)

(First)

(Middle)

C/O GLOBAL PARTNERS LP

800 SOUTH STREET, SUITE 500

(Street)

WALTHAM

02453

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
GLOBAL PARTNERS LP [ GLP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
Vice Chairman, President & CEO

3. Date of Earliest Transaction (Month/Day/Year)
02/28/2023

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common units representing limited partner interests	02/28/2023		J		38,940	A	$0⁽¹⁾	869,514	D
Common units representing limited partner interests	02/28/2023		J		14,190	A	$0⁽²⁾	220,408	I	By family trusts
Common units representing limited partner interests								564,984	I	By Larea Holdings LLC
Common units representing limited partner interests								1,831,957	I	By Alfred A. Slifka 1990 Trust Under Article II-A

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Phantom Units⁽³⁾	$0⁽³⁾	03/03/2023		A		64,377		⁽⁴⁾	⁽⁴⁾	Common Units representing limited partner interests	64,377	$0	124,900	D
Phantom Units⁽³⁾	$0⁽³⁾	05/03/2023		A		50,471		⁽⁵⁾	⁽⁵⁾	Common Units representing limited partner interests	50,471	$0	175,371	D

Explanation of Responses:

1. On February 28, 2023, 38,940 common units representing limited partner interests in the Issuer ("Common Units") were transferred to the Reporting Person from The Gilda Slifka February 2021 Grantor Retained Annuity Trust.

2. On February 28, 2023, an additional 14,190 Common Units were transferred to trusts for the benefit of Max Slifka (the" Max Slifka Trust"), Colby Slifka (the "Colby Slifka Trust"), and Claudia Slifka (the "Claudia Slifka Trust").The Reporting Person is the sole trustee of the Max Slifka Trust, the Colby Slifka Trust, and the Claudia Slifka Trust, which are trusts in which a member of the Reporting Person's immediate family is the beneficiary. The Reporting Person disclaims beneficial ownership to the extent it exceeds his pecuniary interest.

3. Each phantom unit ("Phantom Unit") represents the right to receive one Common Unit upon vesting.

4. Pursuant to a Grant Agreement dated March 3, 2023, the Reporting Person was granted 64,377 Phantom Units. Upon satisfying the vesting conditions set forth in said Grant Agreement, the Phantom Units granted will vest as follows: One-Third on January 5, 2024, One-Third on January 5, 2025 and One-Third on January 5, 2026.

5. Pursuant to a Grant Agreement dated May 3, 2023, the Reporting Person was granted 50,471 Phantom Units. Upon satisfying the vesting conditions set forth in said Grant Agreement, 100% of the Phantom Units granted will vest on May 3, 2025.

	Amy J. Gould, Attorney-in-Fact for Eric Slifka	08/31/2023
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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