Benge Charles B. 4
4 · CSI Compressco LP · Filed Feb 26, 2018
Insider Transaction Report
Form 4
Benge Charles B.
VP Operations
Transactions
- Award
Common Units Representing Limited Partner Interests
2018-02-24+227→ 38,230 total - Tax Payment
Common Units Representing Limited Partner Interests
2018-02-24$7.72/sh−760$5,867→ 37,470 total
Footnotes (2)
- [F1]Represents dividend equivalent rights accrued on the reporting person's phantom units granted on February 24, 2017 pursuant to the CSI Compressco LP Amended and Restated 2011 Long Term Incentive Plan and that were settled proportionately with the award to which they relate. Each dividend equivalent right is the economic equivalent of one Common Unit representing limited partner interests in CSI Compressco LP and may be settled only in Common Units representing limited partner interests in CSI Compressco LP.
- [F2]Reflects units surrendered to the Issuer to satisfy tax withholding obligations upon the vesting of phantom units granted on February 24, 2017 and the dividend equivalent rights accrued on such awards.