Securities Registration: Employee Benefit Plan (s-8)
January 11 2017 - 6:08AM
Edgar (US Regulatory)
As filed with the Securities and Exchange Commission on January 10, 2017
Registration No. 333-
UNITED STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-8
REGISTRATION
STATEMENT
UNDER
THE SECURITIES ACT OF 1933
Hi-Crush
Partners LP
(Exact name of registrant as specified in its charter)
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Delaware
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90-0840530
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(State or other jurisdiction of
incorporation or organization)
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(I.R.S Employer
Identification No.)
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Three Riverway, Suite 1350, Houston, Texas
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77056
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(Address of Principal Executive Offices)
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(Zip Code)
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Hi-Crush Partners LP First Amended and Restated Long-Term Incentive Plan
(Full title of the plan)
Laura C. Fulton
Three
Riverway, Suite 1350
Houston, Texas 77056
(Name and Address of Agent For Service)
(713) 980-6200
(Telephone Number, Including Area Code, of Agent For Service)
Copy to:
Stephen
Jacobson
Vinson & Elkins LLP
1001 Fannin Street, Suite 2500
Houston, TX 77002-6760
Tel: (713) 758-2536
Fax: (713) 615-5336
Indicate by check mark whether
the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of large accelerated filer, accelerated filer and smaller reporting
company in Rule 12b-2 of the Exchange Act.
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Large accelerated filer
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☒
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Accelerated filer
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☐
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Non-accelerated filer
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☐ (Do not check if a smaller reporting company)
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Smaller reporting company
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☐
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CALCULATION OF REGISTRATION FEE
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Title of securities
to be registered
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Amount
to be
registered
(1)
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Proposed
maximum
offering
price
per unit (2)
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Proposed
maximum
aggregate
offering
price
(2)
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Amount of
registration fee
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Common units representing limited partnership
interests
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2,970,000
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$19.90
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$59,103,000
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$6,850.04 (3)
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(1)
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This Registration Statement (as defined below) registers 2,970,000 common units representing limited partnership interests (Common Units) of Hi-Crush Partners LP (the Registrant) for issuance
pursuant to the Hi-Crush Partners LP First Amended and Restated Long-Term Incentive Plan, as amended from time to time (the Plan). Pursuant to Rule 416(a) under the Securities Act of 1933, as amended (the Securities Act),
this Registration Statement shall be deemed to cover an indeterminate number of additional Common Units that may become issuable under the Plan pursuant to the adjustment or anti-dilution provisions of the Plan.
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(2)
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The proposed maximum offering price per unit and the proposed maximum aggregate offering price for the Common Units have been estimated solely for purposes of calculating the registration fee in accordance with Rule 457
(h) under the Securities Act based on a price of $19.90 per Common Unit, which is the average of the high and low trading prices for a Common Unit of the Registrant as reported by the New York Stock Exchange on January 6, 2017.
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(3)
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Pursuant to General Instruction E to Form S-8, a registration fee is only being paid with respect to the registration of an additional 2,970,000 Common Units under the Plan.
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EXPLANATORY NOTE
The Registrant is filing this Registration Statement on Form S-8 (this Registration Statement) pursuant to General Instruction E
of Form S-8 to register the offer and sale of an additional 2,970,000 Common Units that may be issued under the Plan, which consists of (a) 2,700,000 additional Common Units reserved and available for delivery in connection with awards under
the Plan and (b) 270,000 Common Units in respect of Common Units originally related to awards granted under the Plan that terminate by expiration, forfeiture, cancellation or otherwise without the delivery of Common Units and that again become
available for awards under the Plan in accordance with the terms and conditions of the Plan.
Except as otherwise set forth below, the
contents of the Registrants registration statement on Form S-8 (File No. 333-187796) relating to the Plan, which was filed with the Securities and Exchange Commission on April 8, 2013, is incorporated by reference into this
Registration Statement, as permitted by General Instruction E of Form S-8.
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
The Exhibits to this Registration Statement are listed in the Exhibit Index
to this Registration Statement, which Exhibit Index is incorporated herein by reference.
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, as amended, the registrant certifies that it has reasonable grounds to believe that it meets all
of the requirements for filing on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Houston, State of Texas, on January 10, 2017.
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HI-CRUSH PARTNERS LP
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By:
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Hi-Crush GP LLC, its general partner
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By:
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/s/ Laura C. Fulton
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Laura C. Fulton
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Chief Financial Officer
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POWER OF ATTORNEY
KNOW ALL BY THESE PRESENTS, that each individual whose signature appears below constitutes and appoints Robert E. Rasmus and Laura C. Fulton, and each of
them, any one of whom may act without joinder of the other, his or her true and lawful attorneys-in-fact and agents, with full power of substitution and resubstitution, for him or her and in his or her name, place and stead, in any and all
capacities, to sign any or all pre- and post-effective amendments to this registration statement (including any registration statement for the same offering that is to be effective upon filing pursuant to Rule 462(b) promulgated under the Securities
Act of 1933), and to file the same, with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do
and perform each and every act and thing requisite and necessary to be done in and about the premises, as fully to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and
agents, and each of them, or the substitute or substitutes of any or all of them, may lawfully do or cause to be done by virtue hereof.
Pursuant to the
requirements of the Securities Act of 1933, as amended, this Registration Statement has been signed by the following persons in the capacities and on the dates indicated.
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Name
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Title
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Date
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/s/ Robert E. Rasmus
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Chief Executive Officer and Director
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January 10, 2017
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Robert E. Rasmus
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(Principal Executive Officer)
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/s/ Laura C. Fulton
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Chief Financial Officer
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January 10, 2017
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Laura C. Fulton
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(Principal Financial and Accounting Officer)
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/s/ James M. Whipkey
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Chairman of the Board
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January 10, 2017
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James M. Whipkey
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Name
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Title
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Date
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/s/ John F. Affleck-Graves
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Director
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January 10, 2017
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John F. Affleck-Graves
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/s/ Jefferies V. Alston, III
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Director
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January 10, 2017
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Jefferies V. Alston, III
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/s/ Gregory F. Evans
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Director
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January 10, 2017
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Gregory F. Evans
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/s/ John R. Huff
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Director
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January 10, 2017
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John R. Huff
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/s/ John Kevin Poorman
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Director
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January 10, 2017
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John Kevin Poorman
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/s/ Trevor M. Turbidy
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Director
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January 10, 2017
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Trevor M. Turbidy
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/s/ R. Graham Whaling
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Director
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January 10, 2017
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R. Graham Whaling
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/s/ Joseph C. Winkler III
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Director
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January 10, 2017
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Joseph C. Winkler III
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EXHIBIT INDEX
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Exhibit No.
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Exhibit Description
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4.1
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Certificate of Limited Partnership of Hi-Crush Partners LP (incorporated by reference to Exhibit 3.1 to the Registrants Registration Statement on Form S-1 as filed with the Commission on July 9, 2012).
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4.2
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Second Amended and Restated Agreement of Limited Partnership of Hi-Crush Partners LP, dated January 31, 2013 (incorporated by reference to Exhibit 3.1 to the Registrants Current Report on Form 8-K as filed with the Commission
on February 5, 2013).
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4.3
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Registration Rights Agreement by and between Hi-Crush Partners LP and Hi-Crush Proppants LLC dated August 20, 2012 (incorporated by reference to Exhibit 4.1 to the Registrants Current Report on Form 8-K as filed with the
Commission on August 21, 2012).
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4.4
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First Amendment to Registration Rights Agreement by and between Hi-Crush Partners LP and Hi-Crush Proppants LLC, dated January 31, 2013 (incorporated by reference to Exhibit 10.1 to the Registrants Current Report on Form 8-K
as filed with the Commission on February 5, 2013).
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4.5
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Second Amendment to Registration Rights Agreement by and between Hi-Crush Partners LP and Hi-Crush Proppants LLC, dated August 31, 2016 (incorporated by reference to Exhibit 10.2 to the Registrants Current Report on Form
8-K as filed with the Commission on September 7, 2016).
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4.6*
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Hi-Crush Partners LP First Amended and Restated Long Term Incentive Plan.
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5.1*
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Opinion of Counsel as to the legality of the securities being registered.
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23.1*
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Consent of PricewaterhouseCoopers LLP
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23.2*
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Consent of Counsel (included in Exhibit 5.1)
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