Close

Form 8-K SUBURBAN PROPANE PARTNER For: May 13

May 14, 2015 8:43 AM EDT

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of report (Date of earliest event reported):

May 13, 2015

SUBURBAN PROPANE PARTNERS, L.P.

 

(Exact Name of Registrant as Specified in Its Charter)

Delaware

 

(State or Other Jurisdiction of Incorporation)

 

1-14222 22-3410353
(Commission File Number) (IRS Employer Identification No.)
240 Route 10 West, Whippany, New Jersey                                                                      07981
(Address of Principal Executive Offices)                                                                      (Zip Code)

(973) 887-5300

 

(Registrant’s Telephone Number, Including Area Code)

N/A

 

(Former Name or Former Address, if Changed Since Last Report)

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 (see General Instruction A.2. below):

 ¨    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))


Item 5.07 Submission of Matters to a Vote of Security Holders.

On May 13, 2015, Suburban Propane Partners, L.P. (the “Partnership”) held its regular Tri-Annual Meeting (the “Meeting”) of its limited partners (“Unitholders”).

At the Meeting, the Unitholders re-elected to the Board of Supervisors, for a three-year term, all seven nominees proposed by the Board:

 

Nominee For Withheld
Harold R. Logan, Jr. 30,562,489 566,395
John Hoyt Stookey 30,490,345 638,539
John D. Collins 30,575,195 553,689
Jane Swift 30,476,855 652,029
Lawrence C. Caldwell 30,605,817 523,067
Matthew J. Chanin 30,597,274 531,610
Michael A. Stivala 30,616,561 512,323

At the Meeting, the Unitholders also approved the following proposals:

The ratification of the appointment of PricewaterhouseCoopers LLP as the Partnership’s independent registered public accounting firm for the Partnership’s 2015 fiscal year:

 

For Against Abstain Broker Non-Votes

53,590,920

486,893 355,019 -0-

The approval of an amendment to the Partnership’s 2009 Restricted Unit Plan increasing by an additional 1,200,000 common units the number of common units of the Partnership authorized for awards under that Plan:

 

For Against Abstain Broker Non-Votes

28,543,681

2,046,902 538,301 23,303,948

The approval of an advisory resolution approving executive compensation (commonly referred to as “Say-on-Pay”):

 

For Against Abstain Broker Non-Votes

28,802,659

1,712,622 613,603 23,303,948

Because the Partnership’s partnership agreement provides for Tri-Annual Meetings of the Unitholders (once every 3 years), no proposal regarding the frequency of Say-on-Pay resolutions was presented to the Unitholders at the Meeting. The Partnership will, for so long as required by applicable law, include a Say-on-Pay proposal at each Tri-Annual Meeting.

 

2


Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

 

Exhibit
No.
Description of Exhibit
99.1 Press Release of Suburban Propane Partners, L.P. dated May 14, 2015 setting forth results of voting at Meeting.

 

3


SIGNATURES

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.

 

SUBURBAN PROPANE PARTNERS, L.P.
By:

/s/ PAUL ABEL

Name:  Paul Abel
Title:    Senior Vice President, Secretary and General Counsel
Date: May 14, 2015

 

4


EXHIBIT INDEX

 

Exhibit
No.
Description of Exhibit
99.1 Press Release of Suburban Propane Partners, L.P. dated May 14, 2015 setting forth results of voting at Meeting.

 

5

Exhibit 99.1
LOGO

News Release

Contact: Michael A. Kuglin

Chief Financial Officer & Chief Accounting Officer

P.O. Box 206, Whippany, NJ 07981-0206

Phone: 973-503-9252

FOR IMMEDIATE RELEASE

Suburban Propane Partners, L.P. Announces Results

from Tri-Annual Meeting of Unitholders

Whippany, New Jersey, May 14, 2015 — Suburban Propane Partners, L.P. (NYSE: SPH), a nationwide distributor of propane, fuel oil and related products and services, as well as a marketer of natural gas and electricity, today announced the results from its 2015 Tri-Annual Meeting of Unitholders held on May 13, 2015.

At the meeting, the Unitholders re-elected to the Board of Supervisors, for a three-year term, all seven nominees proposed by the Board:

Nominee

Harold R. Logan, Jr.

John Hoyt Stookey

John D. Collins

Jane Swift

Lawrence C. Caldwell

Matthew J. Chanin

Michael A. Stivala

At the meeting, the Unitholders also approved: (1) the ratification of the appointment of PricewaterhouseCoopers LLP as the Partnership’s independent registered public accounting firm for the Partnership’s 2015 fiscal year; (2) an amendment to the Partnership’s 2009 Restricted Unit Plan increasing by an additional 1,200,000 common units the number of common units of the Partnership authorized for awards under that Plan; and (3) an advisory amendment resolution approving executive compensation (commonly referred to as “Say-on-Pay”).

Because the Partnership’s agreement of limited partners provides for Tri-Annual Meetings of the Unitholders (once every three years), no proposal regarding the frequency of Say-on-Pay resolutions was presented to the Unitholders at the meeting. The Partnership will, for so long as required by applicable law, include a Say-on-Pay proposal at each Tri-Annual Meeting.

A detailed report of Unitholder voting results at the Partnership’s 2015 Tri-Annual Meeting of Unitholders can be found on Suburban Propane’s website at


http://suburbanpropane.com/triannual or in the Current Report on Form 8-K that the Partnership is filing with the Securities and Exchange Commission.

Suburban Propane Partners, L.P. is a publicly-traded master limited partnership listed on the New York Stock Exchange. Headquartered in Whippany, New Jersey, Suburban has been in the customer service business since 1928. The Partnership serves the energy needs of approximately 1.2 million residential, commercial, industrial and agricultural customers through more than 710 locations in 41 states.

# # #

 



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

SEC Filings