Borgen Dan 4
4 · USD Partners LP · Filed Mar 19, 2020
Insider Transaction Report
Form 4
USD Partners LPUSDP
Borgen Dan
DirectorSEE REMARKS
Transactions
- Purchase
COMMON UNITS (LIMITED PARTNER INTERESTS)
2020-03-19$4.04/sh+26,853$108,486→ 175,469 total(indirect: By LLC)
Holdings
- 412,881
COMMON UNITS (LIMITED PARTNER INTERESTS)
Footnotes (2)
- [F1]The price reported in column 4 is a weighted average price. The units were acquired in multiple transactions at prices ranging from $1.77 to $4.28, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission upon request, full information regarding the number of units acquired at each separate price within the ranges set forth in this footnote.
- [F2]Includes 297,160 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.