0001367064-15-000014.txt : 20151109 0001367064-15-000014.hdr.sgml : 20151109 20151105192827 ACCESSION NUMBER: 0001367064-15-000014 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20140305 FILED AS OF DATE: 20151105 DATE AS OF CHANGE: 20151105 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: SCHLANGER DANIEL K CENTRAL INDEX KEY: 0001376754 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33078 FILM NUMBER: 151202179 MAIL ADDRESS: STREET 1: 4444 BRITTMORE ROAD CITY: HOUSTON STATE: TX ZIP: 77041 FORMER NAME: FORMER CONFORMED NAME: Schangler Daniel K DATE OF NAME CHANGE: 20060927 4 1 wf-form4_144676969741967.xml FORM 4 X0306 4 2014-03-05 1 0001367064 Archrock Partners, L.P. APLP 0001376754 SCHLANGER DANIEL K 4444 BRITTMOORE ROAD HOUSTON TX 77041 1 1 0 0 Senior Vice President Common Units 2014-03-05 4 S 0 2750 30.53 D 15766 D Common Units 2015-11-03 4 M 0 2870 0 A 18636 D Common Units 2015-11-03 4 F 0 1205 20.02 D 17431 D Phantom Units with tandem DERs 0.0 2015-11-03 4 M 0 1122 0 A Common Units 1122.0 0 D Phantom Units with tandem DERs 0.0 2015-11-03 4 M 0 1748 0 A Common Units 1748.0 0 D Sale of common units was pursuant to a Rule 10b5-1 Plan entered into by the reporting person on 6/13/2013. The sale of shares was to satisfy tax withholding requirements and was not reported timely due to an administrative error. This transaction represents the accelerated vesting of outstanding phantom units with tandem Distribution Equivalent Rights (DERs) granted to the reporting person under the Issuer's Long Term Incentive Plan. Vesting is in connection with the reporting person's resignation following the spin-off of the Issuer's managing partner's parent company (Exterran Holdings, Inc., renamed Archrock, Inc.). Each phantom unit vested in the form of a common unit. The DERs were paid in cash. Pursuant to the 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 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. Susan G. Miller 2015-11-04