OHAGAN JANE A 4
4 · USD Partners LP · Filed Feb 18, 2020
Insider Transaction Report
Form 4
USD Partners LPUSDP
OHAGAN JANE A
DirectorOther
Transactions
- Exercise/Conversion
COMMON UNITS (LIMITED PARTNER INTERESTS)
[F1][F2]2020-02-16+12,177→ 12,177 total - Disposition to Issuer
COMMON UNITS (LIMITED PARTNER INTERESTS)
[F1][F2]2020-02-16$10.15/sh−12,177$123,597→ 0 total - Award
PHANTOM UNITS
[F2][F3]2020-02-16+13,136→ 25,313 totalExercise: $0.00From: 2021-02-16Exp: 2021-02-16→ COMMON UNITS (13,136 underlying) - Exercise/Conversion
PHANTOM UNITS
[F1][F2]2020-02-16−12,177→ 13,136 totalExercise: $0.00From: 2020-02-16Exp: 2020-02-16→ COMMON UNITS (12,177 underlying)
Footnotes (3)
- [F1]Represents the vesting of Phantom Units which are settled in cash pursuant to the terms of the applicable award agreement.
- [F2]Each phantom unit is the economic equivalent of one common unit of USDP and settles in cash on the vesting date pursuant to the terms of the applicable award agreement. The phantom units vest on the one-year anniversary of the grant date.
- [F3]Includes 12,177 phantom units which vested on February 16, 2020.
Signature
//s/ Adam K. Altsuler, Attorney-in-Fact for Jane A. O'Hagan|2020-02-18