Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

USA Compression Partners, LP Director's Dealing 2018

Apr 17, 2018

31398_dirs_2018-04-17_cb5d025d-2765-4e81-a8e3-7be0194a79da.zip

Director's Dealing

Open in viewer

Opens in your device viewer

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: Liuzzi Matthew C (See Remarks)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-04-13 Common Units M 22718 Acquired 110766 Direct
2018-04-13 Common Units M 8168 Acquired 118934 Direct
2018-04-13 Common Units M 8639 Acquired 127573 Direct
2018-04-13 Common Units D 11359 $16.93 Disposed 116214 Direct
2018-04-13 Common Units D 4084 $16.93 Disposed 112130 Direct
2018-04-13 Common Units D 4320 $16.93 Disposed 107810 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2018-04-13 Phantom Units $ M 22718 Disposed Common Units (22718) Direct
2018-04-13 Phantom Units $ M 8168 Disposed Common Units (8168) Direct
2018-04-13 Phantom Units $ M 8639 Disposed Common Units (8639) Direct

Footnotes

F1: Each phantom unit is the economic equivalent of one common unit of USA Compression Partners, LP.

F2: The Reporting Person settled approximately 50% of his newly vested phantom units for cash and the rest for common units.

F3: Includes common units acquired under the USA Compression Partners, LP Distribution Reinvestment Plan.

F4: 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.