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): October 22, 2015 (October 21, 2015)
Ferrellgas Partners, L.P.
(Exact name of registrant as specified in its charter)
Delaware |
| 001-11331 |
| 43-1698480 |
(State or other jurisdiction |
| (Commission |
| (I.R.S. Employer |
of incorporation) |
| File Number) |
| Identification No.) |
7500 College Blvd., Suite 1000, |
| 66210 |
(Address of principal executive offices) |
| (Zip Code) |
Registrant’s telephone number, including area code: 913-661-1500
n/a
Former name or former address, if changed since last report
Ferrellgas Partners Finance Corp.
(Exact name of registrant as specified in its charter)
Delaware |
| 333-06693 |
| 43-1742520 |
(State or other jurisdiction |
| (Commission |
| (I.R.S. Employer |
of incorporation) |
| File Number) |
| Identification No.) |
7500 College Blvd., Suite 1000, |
| 66210 |
(Address of principal executive offices) |
| (Zip Code) |
Registrant’s telephone number, including area code: 913-661-1500
n/a
Former name or former address, if changed since last report
Ferrellgas, L.P.
(Exact name of registrant as specified in its charter)
Delaware |
| 000-50182 |
| 43-1698481 |
(State or other jurisdiction |
| (Commission |
| (I.R.S. Employer |
of incorporation) |
| File Number) |
| Identification No.) |
7500 College Blvd., Suite 1000, |
| 66210 |
(Address of principal executive offices) |
| (Zip Code) |
Registrant’s telephone number, including area code: 913-661-1500
n/a
Former name or former address, if changed since last report
Ferrellgas Finance Corp.
(Exact name of registrant as specified in its charter)
Delaware |
| 000-50183 |
| 14-1866671 |
(State or other jurisdiction |
| (Commission |
| (I.R.S. Employer |
of incorporation) |
| File Number) |
| Identification No.) |
7500 College Blvd., Suite 1000, |
| 66210 |
(Address of principal executive offices) |
| (Zip Code) |
Registrant’s telephone number, including area code: 913-661-1500
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:
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 Arrangement of Certain Officers.
On October 21, 2015, Boyd H. McGathey resigned as Executive Vice President and Chief Operating Officer of Ferrellgas, Inc. effective as of October 31, 2015. Ferrellgas, Inc. is the general partner of Ferrellgas Partners, L.P. and Ferrellgas, L.P.
Pursuant to an agreement and release (the “Release”) dated October 21, 2015 between Mr. McGathey and Ferrellgas, Inc., Ferrell Companies, Inc., Ferrellgas Partners, L.P. and Ferrellgas, L.P., (i) Mr. McGathey will receive a $450,000 cash payment to be paid on January 4, 2016 and (ii) Ferrellgas, Inc. will reimburse Mr. McGathey for medical insurance premiums under COBRA for 12 months. All existing stock and unit options that Mr. McGathey has will, through the term of his employment and thereafter, continue to be subject to the terms and conditions of the Ferrell Companies, Inc. and Ferrellgas Partners, L.P. incentive compensation plan documents.
Mr. McGathey may revoke the Release for a period of seven days following its execution. If the Release is not revoked, it will become effective on the eighth day following the execution of the agreement by Mr. McGathey. If Mr. McGathey exercises his revocation right, the Release will have no force or effect.
The description of the Release is qualified in its entirety by reference to the full text of the agreement, a copy of which is attached as Exhibit 10.1 to this Current Report on Form 8-K.
Item 9.01. Financial Statements and Exhibits.
| Exhibit No. |
| Description |
| 10.1 |
| Agreement and Release, dated as of October 21, 2015, among Boyd McGathey, Ferrellgas, Inc., Ferrell Companies, Inc., Ferrellgas Partners, L.P. and Ferrellgas, L.P. |
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.
| FERRELLGAS PARTNERS, L.P. | |
| By: Ferrellgas, Inc., its general partner | |
|
| |
October 22, 2015 | By: |
|
|
| /s/ Alan C. Heitmann |
|
| Name: Alan C. Heitmann |
|
| Title: Executive Vice President and Chief Financial Officer; Treasurer (Principal Financial and Accounting Officer) |
|
| |
|
| |
| FERRELLGAS PARTNERS FINANCE CORP. | |
|
| |
October 22, 2015 | By: |
|
|
| /s/ Alan C. Heitmann |
|
| Name: Alan C. Heitmann |
|
| Title: Chief Financial Officer and Sole Director |
|
| |
|
| |
| FERRELLGAS, L.P. | |
| By: Ferrellgas, Inc., its general partner | |
|
| |
October 22, 2015 | By: |
|
|
| /s/ Alan C. Heitmann |
|
| Name: Alan C. Heitmann |
|
| Title: Executive Vice President and Chief Financial Officer; Treasurer (Principal Financial and Accounting Officer) |
|
| |
|
| |
| FERRELLGAS FINANCE CORP. | |
|
| |
October 22, 2015 | By: |
|
|
| /s/ Alan C. Heitmann |
|
| Name: Alan C. Heitmann |
|
| Title: Chief Financial Officer and Sole Director |