Foster Ronald J. 4
4 · CSI Compressco LP · Filed May 6, 2019
Insider Transaction Report
Form 4
Foster Ronald J.
President - Compressco
Transactions
- Tax Payment
Common Units Representing Limited Partner Interests
2019-05-02$3.08/sh−752$2,316→ 118,751 total - Award
Common Units Representing Limited Partner Interests
2019-05-02+1,140→ 119,503 total
Footnotes (2)
- [F1]Represents dividend equivalent rights accrued on the reporting person's phantom units granted on May 2, 2016 pursuant to the CSI Compressco LP Second 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 May 2, 2016 and the dividend equivalent rights accrued on such awards.