USD Partners LP 4
4 · USD Partners LP · Filed Feb 21, 2017
Insider Transaction Report
Form 4
USD Partners LPUSDP
ALTSULER ADAM K
SEE REMARKS
Transactions
- Award
COMMON UNITS (LIMITED PARTNER INTERESTS)
2017-02-21+7,500→ 38,688 total
Footnotes (2)
- [F1]Represents vesting of Class A units of limited partnership that were granted to the Reporting Person in August 2014 and which vest based on satisfaction of the distribution performance conditions set forth in the Second Amended and Restated Partnership Agreement of the Issuer. The Class A units automatically converted into common units of limited partnership interest upon vesting on the basis of one and one-half common units for each Class A unit.
- [F2]Includes 21,814 phantom units. Each phantom unit is the economic equivalent of one common unit of USDP. The phantom units vest in four annual installments commencing on the one-year anniversary of the issuance date.