Foster Ronald J. 4
4 · CSI Compressco LP · Filed Feb 25, 2020
Insider Transaction Report
Form 4
Foster Ronald J.
President - Compressco
Transactions
- Tax Payment
Common Units Representing Limited Partner Interests
2020-02-21$2.04/sh−43$88→ 118,832 total - Award
Common Units Representing Limited Partner Interests
2020-02-22+12,113→ 128,758 total - Award
Common Units Representing Limited Partner Interests
2020-02-21+124→ 118,875 total - Tax Payment
Common Units Representing Limited Partner Interests
2020-02-21$2.04/sh−2,187$4,461→ 116,645 total - Tax Payment
Common Units Representing Limited Partner Interests
2020-02-24$1.94/sh−1,521$2,951→ 128,565 total - Award
Common Units Representing Limited Partner Interests
2020-02-24+1,328→ 130,086 total
Footnotes (6)
- [F1]Represents dividend equivalent rights accrued on the reporting person's phantom units granted on February 21, 2019 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 the dividend equivalent rights accrued on the February 21, 2019 phantom unit award.
- [F3]Reflects units surrendered to the Issuer to satisfy tax withholding obligations upon the vesting of phantom units granted on February 21, 2019 and the dividend equivalent rights accrued on such awards.
- [F4]This phantom unit award was granted pursuant to the CSI Compressco LP Second Amended and Restated 2011 Long Term Incentive Plan. One-third of the award will vest on each of February 22, 2021, February 22, 2022 and February 22, 2023.
- [F5]Represents dividend equivalent rights accrued on the reporting person's phantom units granted on February 24, 2017 and February 24, 2018 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.
- [F6]Reflects units surrendered to the Issuer to satisfy tax withholding obligations upon the vesting of phantom units granted on February 24, 2017 and February 24, 2018 and the dividend equivalent rights accrued on such awards.