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USA Compression Partners, LP — Director's Dealing 2018
Nov 5, 2018
31398_dirs_2018-11-05_6f337027-be89-49cc-bfa1-f1212399f588.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: USA Compression Partners, LP (USAC)
CIK: 0001522727
Period of Report: 2018-11-01
Reporting Person: LONG ERIC D (Director, See Remarks)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-11-01 | Phantom Units | $ | A | 90000 | Acquired | Common Units (90000) | Direct |
Footnotes
F1: Each phantom unit is the economic equivalent of one common unit of USA Compression Partners, LP.
F2: The phantom units vest incrementally, with 60% of the phantom units vesting on December 5, 2021 and 40% of the phantom units vesting on December 5, 2023.
F3: In the event of the cessation of the Reporting Person's service by the General Partner for cause or by the Reporting Person without good reason, all unvested phantom units at the time of such cessation will automatically be forfeited. Notwithstanding the foregoing, if the Reporting Person retires after attaining the age of 65, 60% of his then-unvested phantom units will be forfeited at the time of retirement.