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USA Compression Partners, LP — Director's Dealing 2021
Dec 21, 2021
31398_dirs_2021-12-21_02094d9c-cabd-48bf-8d4c-2fa461a4f5b8.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: Owens George Tracy (See Remarks)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-12-17 | Common Units | M | 6173 | — | Acquired | 17949 | Direct |
| 2021-12-17 | Common Units | D | 1544 | $14.96 | Disposed | 16405 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-12-17 | Phantom Units | $ | M | 6173 | Disposed | Common Units (6173.0) | Direct |
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 25% of his newly vested phantom units for cash and the rest for common units.
F3: These phantom units were awarded on December 5, 2018.
F4: 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.
F5: 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.