8-K 1 sgu-8k_20190619.htm 8-K sgu-8k_20190619.htm

 

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) June 19, 2019

 

STAR GROUP, L.P.

(Exact name of registrant as specified in its charter)

 

 

 

 

 

 

 

Delaware

 

001-14129

 

06-1437793

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

9 West Broad Street Suite 310, Stamford, CT 06902

(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code (203) 328-7310

Not Applicable

(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))

 

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

 

SGU

 

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). 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 Arrangements of Certain Officers.

On June 19, 2019, Star Group, L.P., (the “Company”), entered into an employment agreement with Mr. Jeffrey M. Woosnam, President and Chief Executive Officer of Kestrel Heat, effective as of March 18, 2019, under which his salary will be $316,702 per annum.  Under his employment agreement, if Mr. Woosnam is terminated for reasons other than cause (as defined in the agreement) or if he terminates his employment for good reason (as defined in the agreement), Mr. Woosnam will be entitled to one year’s salary as severance.  If Mr. Woosnam’s employment is terminated either by Mr. Woosnam or the Company for any reason (other than his death, termination by the Board for cause, or termination by Mr. Woosnam for good reason) within 180 days following a change in control (as defined in the agreement) he will be entitled to a payment equal to two times his base annual salary in the year of such termination plus two times the average amount paid as a bonus and/or as profit sharing during the three years preceding the year of such termination.

Item 9.01                 Financial Statements and Exhibits.

 

 

 

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.

 

 

 

 

STAR GROUP, L.P.

 

By: Kestrel Heat, LLC (General Partner)

 

 

By:

 

/s/ Richard Ambury

Name:

 

Richard Ambury

Title:

 

Chief Financial Officer

 

Date: June 21, 2019