Filing Details

Accession Number:
0001104659-21-073672
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-05-28 08:10:30
Reporting Period:
2021-05-28
Accepted Time:
2021-05-28 08:10:30
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1525287 Sprague Resources Lp SRLP () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1033076 Antonia Johnson C/O Axel Johnson Ab
Villagantan 6, P.o. Box 26008
Stockholm V7 SE-100 41
No No Yes Yes
1525286 Sprague Resources Holdings Llc 185 International Drive
Portsmouth NH 03801
No No Yes Yes
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Units Representing Limited Partner Interests Disposition 2021-05-28 16,058,484 $16.50 0 No 4 S Indirect See Footnotes
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See Footnotes
Footnotes
  1. On May 28, 2021, pursuant to the terms of the previously announced purchase agreement, dated April 20, 2021, 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 aggregate consideration paid to Sprague Holdings by Buyer at the closing of the acquisition was $290,000,000 in cash.
  2. This Form 4 is jointly filed by Sprague Holdings and Antonia Ax:son Johnson.
  3. Sprague Holdings previously had the right to appoint all of the directors of the Board of Directors of the General Partner. Therefore, each of Sprague Holdings and Antonia Ax:son Johnson could have formerly been deemed a director by deputization.