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USA Compression Partners, LP — Director's Dealing 2018
Apr 3, 2018
31398_dirs_2018-04-02_f9a123a5-8cc9-4bd2-a652-4447268e89f2.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: USA Compression Partners, LP (USAC)
CIK: 0001522727
Period of Report: 2018-04-02
Reporting Person: EIG VETERAN EQUITY AGGREGATOR, L.P. (Director)
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Series A Perpetual Preferred Units | $0.00 | Common Units () | Direct | ||
| Warrant to Purchase Common Units | $17.03 | 2028-04-02 | Common Units (4206641) | Direct | |
| Warrant to Purchase Common Units | $19.59 | 2028-04-02 | Common Units (8413281) | Direct |
Footnotes
F1: On April 2, 2018, EIG Veteran Equity Aggregator, L.P. ("EIG Aggregator") completed its acquisition of 420,664.07351 Series A Perpetual Preferred Units (the "Preferred Units") of the Issuer. Certain of the Preferred Units become convertible into common units of the Issuer ("Common Units") on an annual basis beginning on the third anniversary of the close of the Acquisition (the "Closing"), with all of the Preferred Units becoming convertible beginning on the fifth anniversary of the Closing. Each Preferred Unit is convertible into a number of Common Units equal to the $1,000 (plus accrued and unpaid distributions) divided by $20.0115, subject to certain adjustments.