Filing Details
- Accession Number:
- 0001265643-22-000002
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2022-12-06 18:19:56
- Reporting Period:
- 2022-12-02
- Accepted Time:
- 2022-12-06 18:19:56
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1522727 | Usa Compression Partners Lp | USAC | () | 4 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1265643 | D Eric Long | C/O Usa Compression Partners, Lp 111 Congress Avenue, Suite 2400 Austin TX 78701 | See Remarks | Yes | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Units | Disposition | 2022-12-02 | 3,117 | $18.82 | 532,316 | No | 4 | S | Direct | |
| Common Units | Disposition | 2022-12-05 | 17,291 | $18.38 | 515,025 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Units | Phantom Units | Acquisiton | 2022-12-05 | 193,611 | $0.00 | 193,611 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 193,611 | No | 4 | A | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Units | 23,182 | Indirect | By Alex B Long Trust |
| Common Units | 33,182 | Indirect | By Adam Ericson Long Trust |
| Common Units | 17,592 | Indirect | By Aladdin Partners, L.P. |
Footnotes
- Represents the weighted average unit price of an aggregate total of 3,117 common units sold in the price range of $18.75 to $18.94 by the Reporting Person. The Reporting Person undertakes to provide upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of common units sold at each separate price.
- The common units were sold by the Reporting Person for tax planning purposes.
- Includes common units acquired under USA Compression Partners, LP (the "Issuer") Distribution Reinvestment Plan.
- Represents the weighted average unit price of an aggregate total of 17,291 common units sold in the price range of $18.25 to $18.59 by the Reporting Person. The Reporting Person undertakes to provide upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of common units sold at each separate price.
- Common units held by each of the Alex B. Long Trust and the Adam Ericson Long Trust, of which the Reporting Person is the trustee under agreements dated April 17, 2007.
- Each phantom unit is the economic equivalent of one common unit of the Issuer.
- The phantom units vest incrementally, with 60% of the phantom units vesting on December 5, 2025 and 40% of the phantom units vesting on December 5, 2027.
- In the event of the cessation of the Reporting Person's service for any reason, all phantom units that have not vested prior to or in connection with such cessation of service shall automatically be forfeited. Notwithstanding the foregoing, if the Reporting Person retires after attaining the age of 65-68, 60% of his then-unvested phantom units will be forfeited at the time of retirement. If the Reporting Person retires and is over age 68, 50% of his then-unvested phantom units will be forfeited at the time of retirement.
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