Borgen Dan 4
4 · USD Partners LP · Filed Feb 18, 2020
Insider Transaction Report
Form 4
USD Partners LPUSDP
Borgen Dan
DirectorSEE REMARKS
Transactions
- Award
COMMON UNITS (LIMITED PARTNER INTERESTS)
2020-02-16+130,345→ 453,755 total - Tax Payment
COMMON UNITS (LIMITED PARTNER INTERESTS)
2020-02-16$10.15/sh−34,482$349,992→ 419,273 total
Holdings
- 148,616(indirect: By LLC)
COMMON UNITS (LIMITED PARTNER INTERESTS)
Footnotes (6)
- [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 391,880 phantom units.
- [F3]Excludes 41,124 units previously reported as owned directly which were contributed to KKB Holdings LLC.
- [F4]Represents common units of limited partnership interest withheld by the Issuer to satisfy tax withholding obligations of the Reporting Person upon vesting of outstanding phantom units.
- [F5]Includes 311,972 phantom units.
- [F6]Includes 41,124 units previously reported as owned directly by the Reporting Person.