0001610682-21-000016.txt : 20210218 0001610682-21-000016.hdr.sgml : 20210218 20210218171603 ACCESSION NUMBER: 0001610682-21-000016 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210216 FILED AS OF DATE: 20210218 DATE AS OF CHANGE: 20210218 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BENSON KEITH CENTRAL INDEX KEY: 0001635022 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36674 FILM NUMBER: 21650613 MAIL ADDRESS: STREET 1: C/O USD PARTNERS LP STREET 2: 811 MAIN STREET, SUITE 2800 CITY: HOUSTON STATE: TX ZIP: 77002 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: USD Partners LP CENTRAL INDEX KEY: 0001610682 STANDARD INDUSTRIAL CLASSIFICATION: RAILROAD SWITCHING & TERMINAL ESTABLISHMENTS [4013] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 811 MAIN STREET STREET 2: SUITE 2800 CITY: HOUSTON STATE: TX ZIP: 77002 BUSINESS PHONE: 713-249-0426 MAIL ADDRESS: STREET 1: 811 MAIN STREET STREET 2: SUITE 2800 CITY: HOUSTON STATE: TX ZIP: 77002 4 1 wf-form4_161368654588904.xml FORM 4 X0306 4 2021-02-16 0 0001610682 USD Partners LP USDP 0001635022 BENSON KEITH 811 MAIN STREET SUITE 2800 HOUSTON TX 77002 0 1 0 0 SEE REMARKS COMMON UNITS (LIMITED PARTNER INTERESTS) 2021-02-16 4 A 0 26638 0 A 143622 D COMMON UNITS (LIMITED PARTNER INTERESTS) 2021-02-16 4 F 0 9946 4.82 D 133676 D COMMON UNITS (LIMITED PARTNER INTERESTS) 2021-02-16 4 S 0 10032 4.84 D 123644 D COMMON UNITS (LIMITED PARTNER INTERESTS) 2021-02-17 4 S 0 5617 4.88 D 118027 D COMMON UNITS (LIMITED PARTNER INTERESTS) 2021-02-18 4 S 0 2841 4.96 D 115186 D Represents the grant of phantom units. Each phantom unit is the economic equivalent of one common unit of USDP. The phantom units vest in four annual installments commencing on the one-year anniversary of the issuance date. Includes 88,492 phantom units. Represents common units of limited partnership interest withheld by the Issuer to satisfy tax withholding obligations of the Reporting Person upon vesting of outstanding phantom units. Includes 63,225 phantom units. The price reported in column 4 is a weighted average price. The units were sold in multiple transactions at prices ranging from $4.78 to $4.90, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission upon request, full information regarding the number of units sold at each separate price within the ranges set forth in this footnote. The price reported in column 4 is a weighted average price. The units were sold in multiple transactions at prices ranging from $4.81 to $4.95, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission upon request, full information regarding the number of units sold at each separate price within the ranges set forth in this footnote. The price reported in column 4 is a weighted average price. The units were sold in multiple transactions at prices ranging from $4.87 to $4.99, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission upon request, full information regarding the number of units sold at each separate price within the ranges set forth in this footnote. The Reporting Person is General Counsel of USD Partners 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/ Adam K. Altsuler, Attorney-in-Fact for Keith Benson 2021-02-18