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style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">&#8203;</span></p></div></div></td></tr><tr><td style="vertical-align:top;width:33%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><ix:nonNumeric format="ixt-sec:stateprovnameen" contextRef="Duration_7_6_2021_To_7_6_2021_dei_LegalEntityAxis_fgp_FerrellgasPartnersFinanceCorp.Member_WSnJjzS9a0WFeEFyglSp1Q" name="dei:EntityIncorporationStateCountryCode" id="Tc_o0KP8rJtC0azEPVBuUABTQ_1_0"><b style="font-size:8pt;font-weight:bold;text-decoration:underline;text-decoration-color:#000000;">Delaware</b></ix:nonNumeric></p></td><td style="vertical-align:top;width:33.99%;margin:0pt;padding:0pt;"><p style="font-family:'Times New 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Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">&#8203;</span></p></div></div></td><td style="vertical-align:bottom;width:48.96%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">&#8203;</span></p></div></div></td></tr><tr><td style="vertical-align:top;width:48.95%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><ix:nonNumeric contextRef="Duration_7_6_2021_To_7_6_2021_dei_LegalEntityAxis_fgp_FerrellgasPartnersFinanceCorp.Member_WSnJjzS9a0WFeEFyglSp1Q" name="dei:EntityAddressAddressLine1" id="Narr_SmCHbjfGRUiLkkK1y-Hjig"><b style="font-size:8pt;font-weight:bold;">7500 College Blvd</b></ix:nonNumeric><b 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<div style="background-color:#000000;clear:both;height:2pt;page-break-after:always;width:76.47%;border:0;margin:30pt 11.76% 30pt 11.76%;"></div><div style="max-width:100%;padding-left:11.76%;padding-right:11.76%;position:relative;"><div style="clear:both;max-width:100%;position:relative;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><b style="font-weight:bold;">Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-weight:bold;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><i style="font-style:italic;">Resignation of Brian W. 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​
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):
July 6, 2021
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
,
Overland Park
,
Kansas
66210
(Address of principal executive offices)
(Zip Code)
Registrant's telephone number, including area code:
913
-
661-1500
Not Applicable
Former name or former address, if changed since last report
Ferrellgas Partners Finance Corp.
(Exact name of registrant as specified in its charter)
​
​
​
Delaware
333-06693-02
43-1742520
(State or other jurisdiction
(Commission
(I.R.S. Employer
of incorporation)
File Number)
Identification No.)
​
​
​
​
7500 College Blvd
.,
Suite 1000
,
Overland Park
,
Kansas
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
,
Overland Park
,
Kansas
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
,
Overland Park
,
Kansas
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:
☐
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))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Ferrellgas Partners, L.P.
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.
☐
Ferrellgas Partners Finance Corp.
Emerging growth company
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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.
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Ferrellgas, L.P.
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.
☐
Ferrellgas Finance Corp.
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.
☐
Securities registered pursuant to Section 12(b) of the Act:
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Title of each class
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
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Resignation of Brian W. Herrmann as Interim Chief Financial Officer and Treasurer
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On July 7, 2021, Brian W. Herrmann tendered his resignation as Interim Chief Financial Officer and Treasurer of Ferrellgas, Inc., the general partner (the "General Partner") of Ferrellgas Partners, L.P. ("Ferrellgas Partners") and Ferrellgas, L.P. (collectively, "Ferrellgas"). Effective as of that date, Mr. Herrmann ceased to serve as the Interim Chief Financial Officer and Treasurer of the General Partner and in all other capacities previously held by him with Ferrellgas and its subsidiaries, including Ferrellgas Partners Finance Corp. and Ferrellgas Finance Corp. The resignation was not the result of any dispute or disagreement with Ferrellgas' independent auditors, any member of management or the General Partner's board of directors related to the operations, policies or practices of Ferrellgas.
On July 9, 2021, the General Partner entered into a separation and release agreement with Mr. Herrmann (the "Separation Agreement") setting forth the terms of separation. Among other matters, the Separation Agreement provides for the separation of Mr. Herrmann's employment with Ferrellgas effective as of July 7, 2021, and a lump-sum cash severance payment by Ferrellgas in the amount of $52,164.00, to be paid to Mr. Herrmann within sixty days of the separation date. The Separation Agreement also provides for the release by Mr. Herrmann of any and all existing or potential claims against Ferrellgas, subject to customary exceptions. The foregoing summary of the Separation Agreement does not purport to be complete and is qualified by reference to the Separation Agreement, a copy of which is filed herewith as Exhibit 10.1.
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The General Partner has been engaged in an ongoing search for a Chief Financial Officer to replace the Interim Chief Financial Officer.
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Item 9.01
Financial Statements and Exhibits.
(d) Exhibits.
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Exhibit No.
Description
10.1
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Separation Agreement, dated July 9, 2021, among General Partner and Brian W. Herrmann.
104
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Cover Page Interactive Data File (formatted in Inline XBRL and contained in Exhibit 101)
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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.
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Ferrellgas Partners, L.P.
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By:  Ferrellgas, Inc., its general partner
Date: July 9, 2021
By:
/s/
James E. Ferrell
Chief Executive Officer and President
Ferrellgas Partners Finance Corp.
Date: July 9, 2021
By:
/s/
James E. Ferrell
Chief Executive Officer and President
Ferrellgas, L.P.
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By:  Ferrellgas, Inc., its general partner
Date: July 9, 2021
By:
/s/
James E. Ferrell
Chief Executive Officer and President
Ferrellgas Finance Corp.
Date: July 9, 2021
By:
/s/
James E. Ferrell
Chief Executive Officer and President
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