4//SEC Filing
LONG ERIC D 4
Accession 0001265643-22-000006
CIK 0001522727other
Filed
Dec 19, 7:00 PM ET
Accepted
Dec 20, 4:50 PM ET
Size
17.5 KB
Accession
0001265643-22-000006
Insider Transaction Report
Form 4
LONG ERIC D
DirectorSee Remarks
Transactions
- Disposition to Issuer
Common Units
2022-12-16$18.37/sh−12,530$230,176→ 486,508 total - Exercise/Conversion
Common Units
2022-12-16+100,234→ 586,742 total - Exercise/Conversion
Common Units
2022-12-16+25,059→ 499,038 total - Exercise/Conversion
Phantom Units
2022-12-16−100,234→ 66,822 total→ Common Units (100,234 underlying) - Disposition to Issuer
Common Units
2022-12-16$18.37/sh−50,117$920,649→ 536,625 total - Exercise/Conversion
Phantom Units
2022-12-16−25,059→ 16,705 total→ Common Units (25,059 underlying)
Holdings
- 17,592(indirect: By Aladdin Partners, L.P.)
Common Units
- 23,182(indirect: By Trust)
Common Units
- 33,182(indirect: By Trust)
Common Units
Footnotes (9)
- [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 December 5, 2019 pursuant to a Retention Phantom Unit Agreement.
- [F6]The phantom units vest incrementally, with 60% of the phantom units vesting on December 5, 2022 and 40% of the phantom units vesting on December 5, 2024.
- [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, 2019.
- [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.
Documents
Issuer
USA Compression Partners, LP
CIK 0001522727
Entity typeother
Related Parties
1- filerCIK 0001265643
Filing Metadata
- Form type
- 4
- Filed
- Dec 19, 7:00 PM ET
- Accepted
- Dec 20, 4:50 PM ET
- Size
- 17.5 KB