Form 4 for USAC USA Compression Partners, LP

Accepted 2021-12-21 00:00:00 ET · period of report 2021-12-17 · accession 0001693923-21-000007 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
D	2021-12-21	2021-12-17	USAC	Kimble Sean T	See Remarks	D - Sale to Iss	$14.96	-11.1K	98.3K	-10%	-$165.7K
D	2021-12-21	2021-12-17	USAC	Kimble Sean T	See Remarks	M - OptEx	—	+22.2K	109.3K	+25%	—
D	2021-12-21	2021-12-17	USAC	Kimble Sean T	See Remarks	M - OptEx	—	-22.2K	14.8K	-60%	—

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Units	2021-12-17	D	D	11,079	$14.96	98,260	D	—	—
2	Common	Common Units	2021-12-17	M	A	22,157	—	109,339	D	—	—	(F1) Each phantom unit is the economic equivalent of one common unit of USA Compression Partners, LP (the "Issuer"). (F2) The Reporting Person settled approximately 50% of his newly vested phantom units for cash and the rest for common units.
3	Derivative	Phantom Units	2021-12-17	M	D	22,157	—	14,770	D	— · — to —	22,157 Common Units	(F3) These phantom units were awarded on December 5, 2018. (F1) Each phantom unit is the economic equivalent of one common unit of USA Compression Partners, LP (the "Issuer"). (F2) The Reporting Person settled approximately 50% of his newly vested phantom units for cash and the rest for common units. (F4) These phantom units vest incrementally, with 60% of the phantom units vesting on December 5, 2021 and 40% of the phantom units vesting on December 5, 2023. (F5) 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.