Schedule 13G

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

(Rule 13d-102)

 

 

Information to be Included in Statements Filed Pursuant to § 240.13d-1(b), (c)

and (d) and Amendments Thereto Filed Pursuant to § 240.13d-2.

Under the Securities Exchange Act of 1934

(Amendment No.     )*

 

 

Sprague Resource LP

 

(Name of Issuer)

Common Units Representing Limited Partner Interests

 

(Title of Class of Securities)

849343108

 

(CUSIP Number)

April 18, 2017

 

(Date of Event Which Requires Filing of This Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

☐ Rule 13d-1(b)

☒ Rule 13d-1(c)

☐ Rule 13d-1(d)

 

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act, but shall be subject to all other provisions of the Act (however, see the Notes ).

 

 

 


CUSIP No. 849343108   Page 2 of 5

 

  1   

NAME OF REPORTING PERSONS

 

    Carbo Industries, Inc.

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

(a)  ☐        (b)  ☐

 

  3  

SEC USE ONLY

 

  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

    New York

NUMBER OF  

SHARES  

  BENEFICIALLY  

OWNED BY  

EACH  

REPORTING  

PERSON  

WITH  

   5    

SOLE VOTING POWER

 

    1,131,551

   6   

SHARED VOTING POWER

 

    0

   7   

SOLE DISPOSITIVE POWER

 

    1,131,551

   8   

SHARED DISPOSITIVE POWER

 

    0

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    1,131,551

10  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)  ☐

 

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

    5.3%*

12  

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

    CO

 

* This percentage is based upon 21,411,976 common units outstanding as of March 6, 2017 and as reported in the Issuer’s Annual Report on Form 10-K as filed with the Securities and Exchange Commission on March 10, 2017.


CUSIP No. 849343108   Page 3 of 5

 

 

ITEM 1  

     (a)     NAME OF ISSUER:
     Sprague Resources LP

ITEM 1

     (b)     ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICES:
    

185 International Drive

Portsmouth, New Hampshire 03801

ITEM 2

     (a)     NAME OF PERSON FILING:
     Carbo Industries, Inc.

ITEM 2

     (b)     ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
    

1 Bay Boulevard

Lawrence, NY 11559

ITEM 2

     (c)     CITIZENSHIP:
     New York

ITEM 2

     (d)     TITLE OF CLASS OF SECURITIES:
     Common Units Representing Limited Partner Interests

ITEM 2

     (e)     CUSIP NUMBER:
     849343108

ITEM 3

    
IF THIS STATEMENT IS FILED PURSUANT TO §§240.13d-1(b), OR 240.13d-2(b) OR (c), CHECK WHETHER
THE PERSON FILING IS A:
     (a)        Broker or dealer registered under Section 15 of the Act (15 U.S.C.78o);
     (b)        Bank as defined in Section 3(a)(6) of the Act (15 U.S.C.78c);
     (c)        Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C.78c);
     (d)        Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C.8a-8);
     (e)        An investment adviser in accordance with Section 240.13d-1(b)(1)(ii)(E);
     (f)        An employee benefit plan or endowment fund in accordance with Section 240. 13d-1(b)(1)(ii)(F);
     (g)        A parent holding company or control person in accordance with Section 240.13d-1(b)(1)(ii)(G);
     (h)        A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
     (i)        A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C.80a-3);
     (j)        Group, in accordance with Section 240.13d-1(b)(1)(ii)(J).


CUSIP No. 849343108   Page 4 of 5

 

ITEM 4

     OWNERSHIP:
     (a   Amount beneficially owned:
     1,131,551
     (b   Percent of class:
     5.3%
     (c   Number of shares as to which such person has:
     (i)    Sole power to vote or to direct the vote
      1,131,551
     (ii)    Shared power to vote or to direct the vote
      0
     (iii)    Sole power to dispose or to direct the disposition of
      1,131,551
     (iv)    Shared power to dispose or to direct the disposition of
      0

ITEM 5

     OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
    
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the
beneficial owner of more than five percent of the class of securities, check the following  ☐.

ITEM 6

     OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
     Not applicable

ITEM 7

    
IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY
BEING REPORTED ON BY THE PARENT HOLDING COMPANY OR CONTROL PERSON.
     Not applicable

ITEM 8

     IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
     Not applicable

ITEM 9

     NOTICE OF DISSOLUTION OF GROUP.
     Not applicable

ITEM 10

     CERTIFICATION.
    


By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired
and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities
and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or
effect, other than activities solely in connection with a nomination under §240.14a-11.


SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

April 20, 2017
Date
/s/ Cliff Hochhauser
Signature
Vice President
Name/Title