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USA Compression Partners, LP — Director's Dealing 2018
Apr 17, 2018
31398_dirs_2018-04-17_a21a9d13-ea95-4b20-81f1-43ea9de7509e.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: 2018-04-13
Reporting Person: Owens George Tracy (See Remarks)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-04-13 | Common Units | M | 1115 | — | Acquired | 1115 | Direct |
| 2018-04-13 | Common Units | M | 1240 | — | Acquired | 2355 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-04-13 | Phantom Units | $ | M | 1115 | Disposed | Common Units (1115) | Direct | |
| 2018-04-13 | Phantom Units | $ | M | 1240 | Disposed | Common Units (1240) | Direct |
Footnotes
F1: Each phantom unit is the economic equivalent of one common unit of USA Compression Partners, LP.
F2: The phantom units were set to vest on the third anniversary of the date of grant, with the number of phantom units that vest on such third anniversary to range between 0% and 200% of the reported number of phantom units generally depending on the Issuer's achievement of certain objective, performance-based criteria during the three years prior to the vesting date. In accordance with the terms of the USA Compression Partners, LP 2013 Long-Term Incentive Plan, the vesting of the phantom units was accelerated in connection with the Issuer's change in control transaction and vested at 100% of the reported number of phantom units which settled on April 13, 2018.