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TLP > SEC Filings for TLP > Form 8-K on 9-Jul-2008All Recent SEC Filings

Show all filings for TRANSMONTAIGNE PARTNERS L.P. | Request a Trial to NEW EDGAR Online Pro

Form 8-K for TRANSMONTAIGNE PARTNERS L.P.


9-Jul-2008

Change in Directors or Principal Officers, Financial Statements and


Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On July 8, 2008, the board of directors of TransMontaigne GP L.L.C., the general partner (the "General Partner") of TransMontaigne Partners L.P. (the "Partnership"), appointed Charles L. Dunlap, effective July 8, 2008, as an independent director of the General Partner to fill the last remaining vacancy created by previously-announced resignations. Mr. Dunlap will serve as a member of the Conflicts Committee of the General Partner. Mr. Dunlap's compensation for his services on the board of directors will be consistent with that of the General Partner's other directors who are not officers or employees of the General Partner or its affiliates. As described in the Partnership's Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 10, 2008, the General Partner's directors who are not officers or employees of the General Partner or its affiliates are entitled to a $30,000 annual cash retainer and an annual grant of 2,000 restricted phantom units, which will vest in 25% increments on each of the four successive anniversaries of the date of grant (with vesting to be accelerated upon a change of control). Other than the standard compensation arrangements, there are no arrangements or understandings between Mr. Dunlap and any other persons pursuant to which Mr. Dunlap was appointed. There are no relationships between Mr. Dunlap and the General Partner or the Partnership that would require disclosure pursuant to Item 404(a) of Regulation S-K.

On July 8, 2008, the Partnership issued a press release announcing the foregoing actions. The press release contains a biography of Mr. Dunlap. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.



Item 9.01 Financial Statements, Pro Forma Financial Information and Exhibits.

(d) Exhibits.

Exhibit No. Description of Exhibit
99.1 TransMontaigne Partners L.P. press release dated July 8, 2008.


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