UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 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): April 2, 2013
Southcross Energy Partners, L.P.
(Exact name of registrant as specified in its charter)
Delaware | | 001-35719 | | 45-5045230 |
(State or other jurisdiction | | (Commission | | (IRS Employer |
of incorporation or organization) | | File Number) | | Identification No.) |
1700 Pacific Avenue
Suite 2900
Dallas, Texas 75201
(Address of principal executive office) (Zip Code)
(214) 979-3700
(Registrants’ telephone number, including area code)
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:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On April 1, 2013, Bruce A. Williamson was elected to the Board of Directors (the “Board”) of Southcross Energy Partners GP, LLC (the “General Partner”), the general partner of Southcross Energy Partners, L.P. (the “Partnership”). In addition, Mr. Williamson was appointed to serve on the Audit Committee, the Compensation Committee, and the Conflicts Committee of the Board.
The Board has determined that Mr. Williamson is an independent director within the rules of the NYSE and Rule 10A-3 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”).
Mr. Williamson will participate in the Partnership’s Non-Employee Director Compensation Arrangement, a copy of which is set forth in the Partnership’s Current Report on Form 8-K filed with the Securities and Exchange Commission on January 16, 2013. In addition, pursuant to the Partnership’s Non-Employee Director Deferred Compensation Plan, under which the non-employee directors of the General Partner may defer receipt of the compensation payable to them for service as directors, Mr. Williamson was issued 2,993 of the Partnership’s phantom units as a result of his election to defer the approximately $75,000 in common units issuable to him under the Partnership’s Non-Employee Director Compensation Arrangement.
The Partnership issued a press release regarding Mr. Williamson’s appointment to the Board, a copy of which is furnished as Exhibit 99.1 to this Current Report on Form 8-K. Exhibit 99.1 shall not be deemed “filed” for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that Section, nor shall it be deemed to be incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act.
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Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit | | |
Number | | Description |
99.1 | | Press Release of Southcross Energy Partners, L.P. dated April 2, 2013. |
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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.
| | Southcross Energy Partners, L.P. |
| | | |
| | | |
| | By: | Southcross Energy Partners GP, LLC, |
| | | its general partner |
| | | |
| | | |
Dated: April 2, 2013 | | By: | /s/ J. Michael Anderson |
| | | Name: | J. Michael Anderson |
| | | Title: | Senior Vice President and Chief Financial Officer |
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EXHIBIT INDEX
Exhibit
Number | | Description |
99.1 | | Press Release of Southcross Energy Partners, L.P. dated April 2, 2013. |
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