0001140361-12-013567.txt : 20120306 0001140361-12-013567.hdr.sgml : 20120306 20120306190644 ACCESSION NUMBER: 0001140361-12-013567 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120302 FILED AS OF DATE: 20120306 DATE AS OF CHANGE: 20120306 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: EXTERRAN PARTNERS, L.P. CENTRAL INDEX KEY: 0001367064 STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS TRANSMISSION [4922] IRS NUMBER: 223935108 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 4444 BRITTMORE ROAD CITY: HOUSTON STATE: TX ZIP: 77041-8004 BUSINESS PHONE: 713-335-7000 MAIL ADDRESS: STREET 1: 4444 BRITTMORE ROAD CITY: HOUSTON STATE: TX ZIP: 77041-8004 FORMER COMPANY: FORMER CONFORMED NAME: Universal Compression Partners, L.P. DATE OF NAME CHANGE: 20060621 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: WAYNE DONALD CENTRAL INDEX KEY: 0001101864 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33078 FILM NUMBER: 12672060 MAIL ADDRESS: STREET 1: 1300 POST OAK BLVD. STREET 2: SUITE 1220 CITY: HOUSTON STATE: TX ZIP: 77056 4 1 doc1.xml FORM 4 X0304 4 2012-03-02 0 0001367064 EXTERRAN PARTNERS, L.P. EXLP 0001101864 WAYNE DONALD 16666 NORTHCHASE DRIVE HOUSTON TX 77060 0 1 0 0 Sr VP and General Counsel Common Units 2012-03-04 4 M 0 1799 0 A 7768 D Common Units 2012-03-04 4 F 0 477 23.70 D 7291 D Common Units 2012-03-06 4 S 0 1250 23.356 D 6041 D Common Units 2012-03-06 4 S 0 1100 23.40 D 4941 D Common Units 2012-03-06 4 S 0 1400 23.3518 D 3541 D Phantom Units with tandem DERs 2012-03-04 4 M 0 468 0 D Common Units 468 936 D Phantom Units with tandem DERs 2012-03-04 4 M 0 858 0 D Common Units 858 0 D Phantom Units with tandem DERs 2012-03-04 4 M 0 473 0 D Common Units 473 473 D Phantom Units with tandem DERs 2012-03-02 4 A 0 2110 0 A Common Units 2110 2110 D This transaction represents the vesting of one-third of the phantom units with tandem Distribution Equivalent Rights (DERs) granted to the reporting person under the Exterran Partners, L.P. Long-Term Incentive Plan (EXLP LTIP). Each phantom unit vested in the form of a common unit. The vested DERs were paid in cash pursuant to the award agreement. Pursuant to applicable SEC reporting requirements, the settlement of the phantom units in exchange for common units of EXLP is reported on this Form 4 as a disposition of the phantom units being settled and a simultaneous acquisition of the underlying common units. Issuer withheld the maximum allowable units to satisfy the tax withholding obligations associated with the vesting of phantom units. This award represents a grant of phantom units with tandem Distribution Equivalent Rights (DERs) under the Exterran Partners, L.P. Long-Term Incentive Plan (EXLP LTIP) which vests over a three-year period at the rate of one-third per year. The award is payable in cash or common units at the discretion of the Company and vested DERs are payable in cash. Each phantom unit is the economic equivalent of an EXLP common unit. Vesting is subject to acceleration due to a qualifying change of control. Any unvested portion of this award will be forfeited upon termination of service or employment, unless the termination is due to death or disability. Susan Miller, Attorney-in-fact 2012-03-06