SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 OR 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 19, 2022
SPRAGUE RESOURCES LP
(Exact name of registrant as specified in its charter)
|Delaware|| ||001-36137|| ||45-2637964|
|(State or other jurisdiction|
| ||(IRS Employer|
185 International Drive
Portsmouth, NH 03801
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (800) 225-1560
Securities registered pursuant to Section 12(b) of the Act:
|Title of each class||Trading Symbol(s)||Name of each exchange on which registered|
|Common Units Representing Limited Partner Interests||SRLP||New York Stock Exchange|
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
|☐||Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)|
|☐||Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)|
|☐||Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))|
|☐||Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))|
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Agreements of Certain Officers.
(b) On April 19, 2022, Thomas F. Flaherty notified Sprague Resources GP LLC, the general partner ("General Partner") of Sprague Resources LP (the "Partnership"), of his decision to retire as Vice President, Refined Products. Mr. Flaherty is expected to continue in his role through July 1, 2022, to assist with the transition of his responsibilities.
(c) Joseph S. Smith, will replace Mr. Flaherty as Vice President, Refined Products effective July 1, 2022.
Mr. Smith, 65, joined the Partnership's predecessor company in April 2001 and currently serves as Vice President, Corporate Development of the General Partner. Mr. Smith was Vice President, Corporate Development & IT from February 2019 until July 2021. Prior to this appointment, Mr. Smith served as Vice President, Business Development from February 2014 to January 2019. Mr. Smith also served as Vice President, Chief Risk Officer and Strategic Planning of our General Partner from July 2011 to January 2014, a position he held with our predecessor company since July 2006. Prior to joining our predecessor, Mr. Smith was a Principal with Arthur D. Little, Inc.’s international energy consulting practice. He also worked in various positions for Mobil Oil Corporation, including in the areas of sales and supply and research and development. Mr. Smith received his Bachelor’s degree in Chemical Engineering from the University of Maine. He received a Master’s degree in Chemical Engineering from Pennsylvania State University and a Master’s degree in Business Administration in Finance from Drexel University.
Sprague Resources GP LLC does not currently have an employment agreement with Mr. Flaherty and does not plan to enter into an employment agreement with Mr. Smith.
Item 9.01 Financial Statements and Exhibits.
104 Cover Page Interactive Data File (formatted in Inline XBRL)
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|SPRAGUE RESOURCES LP|
|By:||Sprague Resources GP LLC, its General Partner|
|By:||/s/ Paul A. Scoff |
|Paul A. Scoff|
Vice President, General Counsel,
Chief Compliance Officer & Secretary
Dated: April 19, 2022