SANDERS BRADFORD TIMOTHY 4

4 · USD Partners LP · Filed Feb 20, 2018

Form 4

Period: 2018-02-16

DirectorOther

Transactions

Award
COMMON UNITS (LIMITED PARTNER INTERESTS)
2018-02-16+58,479→ 380,619 total
Tax Payment
COMMON UNITS (LIMITED PARTNER INTERESTS)
2018-02-16$11.55/sh−13,734$158,628→ 366,885 total
Award
COMMON UNITS (LIMITED PARTNER INTERESTS)
2018-02-20+10,000→ 376,885 total

Footnotes (5)

[F1]Represents the grant of 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.
[F2]Includes 205,462 phantom units.
[F3]Represents common units of limited partnership interest withheld by the Issuer to satisfy tax withholding obligations of the Reporting Person upon the vesting of outstanding phantom units.
[F4]Includes 173,636 phantom units.
[F5]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 common unit for each Class A unit.

Documents

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