McCool Robert J 4
4 · GLOBAL PARTNERS LP · Filed Aug 10, 2020
Insider Transaction Report
Form 4
McCool Robert J
Director
Transactions
- Exercise/Conversion
Common units representing limited partner interests
2020-08-06$10.70/sh+5,374$57,502→ 39,609 total - Exercise/Conversion
Phantom Units
2020-08-01−5,374→ 0 totalExercise: $0.00→ Common units representing limited partner interests (5,374 underlying)
Footnotes (4)
- [F1]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.
- [F2]The Issuer's closing market price on July 31, 2020.
- [F3]Each Phantom Unit is the economic equivalent of one Common Unit.
- [F4]Pursuant to a Grant Agreement dated August 16, 2017, the Reporting Person was granted 5,374 Phantom Units. Upon satisfying the vesting conditions set forth in said Grant Agreement, the Phantom Units vested 100% on August 1, 2020.