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