LONG ERIC D 4
4 · USA Compression Partners, LP · Filed Dec 7, 2023
Insider Transaction Report
Form 4
LONG ERIC D
DirectorSee Remarks
Transactions
- Award
Phantom Units
2023-12-05+157,803→ 157,803 total→ Common Units (157,803 underlying)
Footnotes (3)
- [F1]Each phantom unit is the economic equivalent of one common unit of USA Compression Partners, LP (the "Issuer").
- [F2]The phantom units vest incrementally, with 60% of the phantom units vesting on December 5, 2026 and 40% of the phantom units vesting on December 5, 2028.
- [F3]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 65-68, 60% of his then-unvested phantom units will be forfeited at the time of retirement. If the Reporting Person retires and is over age 68, 50% of his then-unvested phantom units will be forfeited at the time of retirement.