CAGLAR LEVENT 4
4 · CSI Compressco LP · Filed Feb 26, 2018
Insider Transaction Report
Form 4
Transactions
- Tax Payment
Common Units Representing Limited Partner Interests
2018-02-24$7.72/sh−53$409→ 33,076 total - Award
Common Units Representing Limited Partner Interests
2018-02-24+182→ 22,778 total - Award
Common Units Representing Limited Partner Interests
2018-02-24+10,351→ 33,129 total
Footnotes (3)
- [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]This phantom unit award was granted pursuant to the CSI Compressco LP Amended and Restated 2011 Long Term Incentive Plan. One-third of the award will vest on each of February 24, 2019, February 24, 2020 and February 24, 2021.
- [F3]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.