0001140361-14-011552.txt : 20140306
0001140361-14-011552.hdr.sgml : 20140306
20140306204642
ACCESSION NUMBER: 0001140361-14-011552
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20140304
FILED AS OF DATE: 20140306
DATE AS OF CHANGE: 20140306
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: Bickett Kenneth R
CENTRAL INDEX KEY: 0001334097
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33078
FILM NUMBER: 14674900
MAIL ADDRESS:
STREET 1: 4444 BRITTMOORE
CITY: HOUSTON
STATE: TX
ZIP: 77041
4
1
doc1.xml
FORM 4
X0306
4
2014-03-04
0
0001367064
EXTERRAN PARTNERS, L.P.
EXLP
0001334097
Bickett Kenneth R
16666 NORTHCHASE DRIVE
HOUSTON
TX
77060
0
1
0
0
VP, Controller
Common Units
2014-03-04
4
M
0
817
0
A
1310
D
Common Units
2014-03-04
4
F
0
224
30.50
D
1086
D
Common Stock
2014-03-06
4
S
0
100
30.28
D
986
D
Common Units
2014-03-06
4
S
0
23
30.27
D
963
D
Phantom Units with tandem DERs
2014-03-04
4
M
0
234
0
D
Common Units
234
0
D
Phantom Units with tandem DERs
2014-03-04
4
M
0
281
0
D
Common Units
281
281
D
Phantom Units with tandem DERs
2014-03-04
4
M
0
302
0
D
Common Units
302
603
D
Phantom Units with tandem DERs
2014-03-04
4
A
0
738
0
A
Common Units
738
738
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.
These transactions were executed in accordance with a Rule 10b5-1 trading plan adopted by the reporting person on June 13, 2013.
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 DERs are payable in cash as they are paid to common unitholders. Each phantom unit is the economic equivalent of an EXLP 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 be forfeited upon termination of service or employment, unless the termination is due to death or disability.
Susan Miller, Attorney-in-fact
2014-03-06