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USA Compression Partners, LP Director's Dealing 2018

Apr 17, 2018

31398_dirs_2018-04-17_071fc8a4-b741-4d4d-bfb9-c79e80e06d99.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: Porter Christopher W (See Remarks)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-04-13 Common Units M 2075 Acquired 8301 Direct
2018-04-13 Common Units M 1358 Acquired 9659 Direct
2018-04-13 Common Units M 2154 Acquired 11813 Direct
2018-04-13 Common Units D 1038 $16.93 Disposed 10775 Direct
2018-04-13 Common Units D 679 $16.93 Disposed 10096 Direct
2018-04-13 Common Units D 1077 $16.93 Disposed 9019 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2018-04-13 Phantom Units $ M 2075 Disposed Common Units (2075) Direct
2018-04-13 Phantom Units $ M 1358 Disposed Common Units (1358) Direct
2018-04-13 Phantom Units $ M 2154 Disposed Common Units (2154) 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.