On September 6, 2013, Stripes LLC received 64,872 common units representing limited partner interests in Susser Petroleum Partners LP ("SUSP") in connection with Susser Holdings Corporation's ("SHC") contribution of Susser Energy Services LLC (formerly Gainesville Fuels Inc.) to SUSP. SHC may be deemed to share beneficial ownership of Stripes LLC's interest in SUSP through SHC's ability to control Stripes LLC.
The 64,872 common units represent approximately $2,000,000 in consideration paid by SUSP to SHC and was calculated based on the $30.83 closing price of SUSP common units on September 5, 2013.
The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here.
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