Ben J. Hennelly - Aug 13, 2021 Form 4 Insider Report for Sprague Resources LP (SRLP)

Signature
/s/ Paul A. Scoff, as attorney-in-fact for Ben J. Hennelly
Stock symbol
SRLP
Transactions as of
Aug 13, 2021
Transactions value $
$0
Form type
4
Date filed
8/13/2021, 01:10 PM
Previous filing
Jul 1, 2021

Ben J. Hennelly is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Remarks:

On May 28, 2021, pursuant to the terms of the previously announced purchase agreement, dated April 20, 2021 ("Purchase Agreement"), among Sprague Resources Holdings LLC, a wholly owned subsidiary of Axel Johnson Inc. ("Sprague Holdings"), Sprague HP Holdings, LLC ("Buyer") and, solely for purposes of Section 11.14 thereof, Hartree Partners, LP, Sprague Holdings sold to Buyer all of Sprague Holdings' interest in Sprague Resources GP LLC (the "General Partner"), the general partner of Sprague Resources LP (the "Partnership"), all of the common units representing limited partner interests that Sprague Holdings owns in the Partnership and all of the Partnership's Incentive Distribution Rights, as defined in the First Amended and Restated Agreement of Limited Partnership of the Partnership. The Reporting Person resigned from his position as a director of the General Partner of the Partnership on May 28, 2021 in connection with the consummation of the transactions contemplated by the Purchase Agreement. As previously reported, the Reporting Person has entered into an offer letter under which the Reporting Person will serve as Chief Information Officer ("CIO") for the General Partner effective as of July 1, 2021.