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USA Compression Partners, LP Director's Dealing 2021

Dec 21, 2021

31398_dirs_2021-12-21_97219ebb-3ecd-4439-93e3-805d4d39706e.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: 2021-12-17

Reporting Person: LONG ERIC D (Director, See Remarks)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-12-17 Common Units M 54000 Acquired 509371 Direct
2021-12-17 Common Units D 27000 $14.96 Disposed 482371 Direct
2021-12-17 Common Units M 106125 Acquired 588496 Direct
2021-12-17 Common Units D 53063 $14.96 Disposed 535433 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-12-17 Phantom Units $ M 54000 Disposed Common Units (54000.0) Direct
2021-12-17 Phantom Units $ M 106125 Disposed Common Units (106125.0) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Units 23182 Indirect
Common Units 33182 Indirect
Common Units 17592 Indirect

Footnotes

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

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 USA Compression Partners, LP Distribution Reinvestment Plan.

F4: Common units held by each of the Alex B. Long Trust and the Adam Ericson Long Trust, of which the Reporting Person is the trustee under agreements dated April 17, 2007.

F5: These phantom units were awarded on November 1, 2018.

F6: These phantom units vest incrementally, with 60% of the phantom units vesting on December 5, 2021 and 40% of the phantom units vesting on December 5, 2023.

F7: In the event of the cessation of the Reporting Person's service by the General Partner for cause or by the Reporting Person without good reason, all unvested phantom units at the time of such cessation will automatically be forfeited. Notwithstanding the foregoing, if the Reporting Person retires after attaining the age of 65, 60% of his then-unvested phantom units will be forfeited at the time of retirement.

F8: These phantom units were awarded on December 5, 2018.

F9: 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. Notwithstanding the foregoing, if the Reporting Person retires after attaining the age of 65, 60% of his then-unvested phantom units will be forfeited at the time of retirement