0001265643-22-000002.txt : 20221206
0001265643-22-000002.hdr.sgml : 20221206
20221206181956
ACCESSION NUMBER: 0001265643-22-000002
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20221202
FILED AS OF DATE: 20221206
DATE AS OF CHANGE: 20221206
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: LONG ERIC D
CENTRAL INDEX KEY: 0001265643
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35779
FILM NUMBER: 221448747
MAIL ADDRESS:
STREET 1: 111 CONGRESS AVE., SUITE 2400
CITY: AUSTIN
STATE: TX
ZIP: 78701
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: USA Compression Partners, LP
CENTRAL INDEX KEY: 0001522727
STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS TRANSMISSION [4922]
IRS NUMBER: 752771546
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 111 CONGRESS AVENUE
STREET 2: SUITE 2400
CITY: AUSTIN
STATE: TX
ZIP: 78701
BUSINESS PHONE: 512-473-2662
MAIL ADDRESS:
STREET 1: 111 CONGRESS AVENUE
STREET 2: SUITE 2400
CITY: AUSTIN
STATE: TX
ZIP: 78701
4
1
wf-form4_167036877678916.xml
FORM 4
X0306
4
2022-12-02
0
0001522727
USA Compression Partners, LP
USAC
0001265643
LONG ERIC D
C/O USA COMPRESSION PARTNERS, LP
111 CONGRESS AVENUE, SUITE 2400
AUSTIN
TX
78701
1
1
0
0
See Remarks
Common Units
2022-12-02
4
S
0
3117
18.82
D
532316
D
Common Units
2022-12-05
4
S
0
17291
18.38
D
515025
D
Common Units
23182
I
By Alex B Long Trust
Common Units
33182
I
By Adam Ericson Long Trust
Common Units
17592
I
By Aladdin Partners, L.P.
Phantom Units
2022-12-05
4
A
0
193611
A
Common Units
193611.0
193611
D
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.
The Reporting Person is the President, Chief Executive Officer and Director of USA Compression GP, LLC, the general partner of the Issuer (the "General Partner"). The Issuer is managed by the directors and executive officers of the General Partner.
/s/ Eric D. Long
2022-12-06