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USA Compression Partners, LP Director's Dealing 2018

Apr 17, 2018

31398_dirs_2018-04-17_72841eea-c14c-4513-b30c-5acb59dd6609.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: Kimble Sean T (See Remarks)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-04-13 Common Units M 16044 Acquired 59086 Direct
2018-04-13 Common Units M 5679 Acquired 64765 Direct
2018-04-13 Common Units M 6006 Acquired 70771 Direct
2018-04-13 Common Units D 8022 $16.93 Disposed 62749 Direct
2018-04-13 Common Units D 2840 $16.93 Disposed 59909 Direct
2018-04-13 Common Units D 3003 $16.93 Disposed 56906 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2018-04-13 Phantom Units $ M 16044 Disposed Common Units (16044) Direct
2018-04-13 Phantom Units $ M 5679 Disposed Common Units (5679) Direct
2018-04-13 Phantom Units $ M 6006 Disposed Common Units (6006) 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: 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.