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USA Compression Partners, LP — Director's Dealing 2020
Jun 9, 2020
31398_dirs_2020-06-09_51dd8ab7-d371-4be0-a58a-f84021b2ec92.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: 2020-06-02
Reporting Person: Scheller Eric A (See Remarks)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Units | 36939 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Phantom Units | $ | Common Units (2230.0) | Direct | ||
| Phantom Units | $ | Common Units (13717.0) | Direct | ||
| Phantom Units | $ | Common Units (31446.0) | Direct |
Footnotes
F1: The phantom units will vest in full on February 15, 2021.
F2: In the event of the cessation of the Reporting Person's service for any reason, all phantom units that have not vested prior to or in connection with such cessation of service shall automatically be forfeited.
F3: Each phantom unit is the economic equivalent of one common unit of USA Compression Partners, LP.
F4: The phantom units will vest incrementally, with 60% of the phantom units vesting on December 5, 2021 and the remaining 40% of the phantom units vesting on December 5, 2023.
F5: The phantom units will vest incrementally, with 60% of the phantom units vesting on December 5, 2022 and the remaining 40% of the phantom units vesting on December 5, 2024.