Owens George Tracy 4
4 · USA Compression Partners, LP · Filed Dec 21, 2021
Insider Transaction Report
Form 4
Owens George Tracy
See Remarks
Transactions
- Exercise/Conversion
Phantom Units
2021-12-17−6,173→ 4,115 total→ Common Units (6,173 underlying) - Disposition to Issuer
Common Units
2021-12-17$14.96/sh−1,544$23,098→ 16,405 total - Exercise/Conversion
Common Units
2021-12-17+6,173→ 17,949 total
Footnotes (5)
- [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.