Joseph S. Smith - Nov 1, 2022 Form 4 Insider Report for Sprague Resources LP (SRLP)

Role: Officer
Signature: /s/ Paul A. Scoff, as attorney-in-fact for Joseph S. Smith
Stock symbol: SRLP
Transactions as of: Nov 1, 2022
Transactions value $: -$846,840
Form type: 4
Date filed: 11/1/2022, 08:54 AM

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SRLP	Common Units representing limited partner interests	Disposed to Issuer	-$847K	-42.3K	-100%	$20.00	0	Nov 1, 2022	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Joseph S. Smith is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	The Reporting Person ceased to beneficially own the common units representing limited partner interests ("Common Units") in the Issuer reported herein at the Effective Time (as defined below) of the merger (the "Merger") of Sparrow HP Merger Sub, LLC, a Delaware limited liability company ("Merger Sub"), with and into the Issuer, with the Issuer surviving the merger and continuing to exist as a Delaware limited partnership. The Merger was effected pursuant to the Agreement and Plan of Merger, dated as of June 2, 2022 (as amended by Amendment No. 1 thereto, dated August 31, 2022, the "Merger Agreement"), by and among the Issuer, Merger Sub and the other parties thereto. The Merger closed and was effective at 12:01 a.m., Eastern Time, on November 1, 2022 (the "Effective Time"). At the Effective Time, each Common Unit held by the Reporting Person immediately prior to the Merger converted into the right to receive $20.00 per Common Unit in cash without any interest thereon.

Content

The Reporting Person ceased to beneficially own the common units representing limited partner interests ("Common Units") in the Issuer reported herein at the Effective Time (as defined below) of the merger (the "Merger") of Sparrow HP Merger Sub, LLC, a Delaware limited liability company ("Merger Sub"), with and into the Issuer, with the Issuer surviving the merger and continuing to exist as a Delaware limited partnership. The Merger was effected pursuant to the Agreement and Plan of Merger, dated as of June 2, 2022 (as amended by Amendment No. 1 thereto, dated August 31, 2022, the "Merger Agreement"), by and among the Issuer, Merger Sub and the other parties thereto. The Merger closed and was effective at 12:01 a.m., Eastern Time, on November 1, 2022 (the "Effective Time"). At the Effective Time, each Common Unit held by the Reporting Person immediately prior to the Merger converted into the right to receive $20.00 per Common Unit in cash without any interest thereon.