Steven D. Scammon - 01 Nov 2022 Form 4 Insider Report for Sprague Resources LP

Source evidence Original filing metadata and source links for verification. 3 source fields
SEC form
4
Accepted by SEC
01 Nov 2022, 08:44:51 UTC
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Paul A. Scoff, as attorney-in-fact for Steven D. Scammon

Key filing fact

Steven D. Scammon filed Form 4 for Sprague Resources LP on 01 Nov 2022.

Key facts

  • This page summarizes Steven D. Scammon's Form 4 filing for Sprague Resources LP.
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 01 Nov 2022, 08:44.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: -$778,160.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SRLP transaction

Common Units representing limited partner interests

Disposed to Issuer

Transaction value
$778,160
Shares
-38,908
Change %
-100%
Price
$20.00
Shares after
0
Date
01 Nov 2022
Ownership
Direct
Footnotes
F1
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Steven D. Scammon is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 1 footnote

Footnote 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.

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