0001367064-16-000032.txt : 20160308 0001367064-16-000032.hdr.sgml : 20160308 20160308090734 ACCESSION NUMBER: 0001367064-16-000032 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20160304 FILED AS OF DATE: 20160308 DATE AS OF CHANGE: 20160308 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Archrock 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: 16666 NORTHCHASE DRIVE CITY: HOUSTON STATE: TX ZIP: 77060 BUSINESS PHONE: 281-836-7000 MAIL ADDRESS: STREET 1: 16666 NORTHCHASE DRIVE CITY: HOUSTON STATE: TX ZIP: 77060 FORMER COMPANY: FORMER CONFORMED NAME: EXTERRAN PARTNERS, L.P. DATE OF NAME CHANGE: 20070821 FORMER COMPANY: FORMER CONFORMED NAME: Universal Compression Partners, L.P. DATE OF NAME CHANGE: 20060621 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: CHILDERS D BRADLEY CENTRAL INDEX KEY: 0001186860 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33078 FILM NUMBER: 161490417 MAIL ADDRESS: STREET 1: DC/O UNIVERSAL COPRESSION HOLDINGS INC STREET 2: 4440 BRITTMOORE ROAD CITY: HOUSTON STATE: TX ZIP: 77041 4 1 wf-form4_145744604295689.xml FORM 4 X0306 4 2016-03-04 0 0001367064 Archrock Partners, L.P. APLP 0001186860 CHILDERS D BRADLEY 16666 NORTHCHASE DRIVE HOUSTON TX 77060 1 1 0 0 Chairman, President and CEO Common Units 2016-03-04 4 M 0 28033 0 A 60015 D Common Units 2016-03-04 4 F 0 7668 7.84 D 52347 D Phantom Units with tandem DERs 0.0 2016-03-04 4 M 0 10171 0 D Common Units 10171.0 0 D Phantom Units with tandem DERs (Common Units) 0.0 2016-03-04 4 M 0 9016 0 D Common Units 9016.0 9016 D Phantom Units with tandem DERs 0.0 2016-03-04 4 M 0 8846 0 D Common Units 8846.0 17692 D Phantom Units with tandem DERs (Common Units) 0.0 2016-03-04 4 A 0 123153 0 A Common Units 123153.0 123153 D This transaction represents the vesting of one-third of the phantom units granted to the reporting person under the Archrock Partners, L.P. Long-Term Incentive Plan. Each phantom unit vested in the form of a common unit. Pursuant to applicable SEC reporting requirements, the settlement of the phantom units in exchange for common units 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 awards represents a grant of phantom units with tandem Distribution Equivalent Rights (DERs) under the Archrock Partners, L.P. Long-Term Incentive Plan, which vests ratably over a three-year period of employment. The award is payable in cash or common units at the discretion of the Company and DERs are payable as and when they are paid to common unit holders. Each phantom unit is the economic equivalent of an APLP common unit. Vesting is subject to acceleration due to a qualifying change of control and termination without Cause by the Company or for Good Reason by the reporting person. Any unvested portion of this award will otherwise be forfeited upon termination of service or employment, unless the termination is due to death or disability. Susan Miller, Attorney-in-fact 2016-03-07