| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SRLP | Common units representing limited partner interests | Purchase | $265M | +16.1M | +759.14% | $16.50 | 18.2M | May 28, 2021 | See Footnotes | F1, F3, F4 |
| holding | SRLP | Common units representing limited partner interests | 1.38M | May 28, 2021 | See Footnotes | F2, F3, F4 |
| Id | Content |
|---|---|
| F1 | Purchase made by Sprague HP Holdings, LLC ("Sprague HP Holdings") from Sprague Resources Holdings LLC ("Sprague Holdings") in connection with the closing of the transactions contemplated by that certain Purchase Agreement, dated as of April 20, 2021, by and among Sprague HP Holdings, Sprague Holdings and, solely for purposes of Section 11.14 thereof, Hartree Partners, LP ("Hartree LP"), as guarantor. Hartree LP is the sole member of Sprague HP Holdings. Hartree Partners GP, LLC is the general partner of Hartree LP. |
| F2 | These common units are owned directly by Hartree Bulk Storage, LLC ("Hartree Bulk Storage" and, together with Sprague HP Holdings, the "Hartree Direct Holders"). HP Bulk Storage Manager, LLC is the managing member of Hartree Bulk Storage. |
| F3 | Each of the Reporting Persons may be deemed to be a member of a "group" for purposes of Section 13(d) of The Securities Exchange Act of 1934. Each of the Reporting Persons (other than the Hartree Direct Holders, to the extent they directly hold securities reported herein), disclaims beneficial ownership of the securities held by the Hartree Direct Holders, as applicable, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, each of the Reporting Persons (other than each of the Hartree Direct Holders to the extent they directly hold securities reported herein) states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose. |
| F4 | Information with respect to each of the Reporting Persons is given solely by such Reporting Person, and no Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person. |
Sprague HP Holdings, LLC has the right to appoint all of the directors of the Board of Directors of Sprague Resources GP LLC, the general partner of the Issuer. Therefore, each of Sprague HP Holdings, LLC, Hartree Partners, LP and Hartree Partners GP, LLC may be deemed a director by deputization. Hartree Bulk Storage, LLC and HP Bulk Storage Manager, LLC may each be deemed a member of a 10% owner group.