Business Context and Reporting Period
Company: Suburban Propane Partners, L.P.
Filing Type: Form 8-K (Current Report)
Date of Report: April 23, 2015
Reporting Period: Fiscal 2015 Second Quarter (Distribution Declaration)
Key Financial Metrics
This filing announces the declaration of the Fiscal 2015 Second Quarter distribution. The text of this Form 8-K does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. These metrics are not disclosed in the current report text.
Material Changes
No material changes to financial performance or operations are detailed in this filing. The report focuses on corporate governance events and the declaration of a distribution.
Guidance, Outlook, and Corporate Events
- Distribution Declaration: The Partnership issued a press release announcing the Fiscal 2015 Second Quarter Distribution Declaration (furnished as Exhibit 99.1).
- Upcoming Meeting: The 2015 Tri-Annual Meeting of Unitholders is scheduled for Wednesday, May 13, 2015.
- Record Date: Unitholders of record as of the close of business on March 16, 2015, are eligible to vote.
- Meeting Agenda:
- Election of Supervisors for three-year terms.
- Ratification of the independent registered public accounting firm for the 2015 fiscal year.
- Approval of an amendment to the 2009 Restricted Unit Plan.
- Non-binding Say-on-Pay vote.
Investor Verification Checklist
- Verify the specific distribution amount per unit by reviewing the attached Press Release (Exhibit 99.1), as the amount is not stated in the Form 8-K text.
- Confirm the record date of March 16, 2015, to determine voting eligibility for the May 13, 2015 meeting.
- Review the details of the proposed amendment to the 2009 Restricted Unit Plan prior to the meeting.