0001265643-23-000004.txt : 20231219 0001265643-23-000004.hdr.sgml : 20231219 20231219172119 ACCESSION NUMBER: 0001265643-23-000004 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20231215 FILED AS OF DATE: 20231219 DATE AS OF CHANGE: 20231219 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: LONG ERIC D CENTRAL INDEX KEY: 0001265643 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35779 FILM NUMBER: 231498520 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] ORGANIZATION NAME: 01 Energy & Transportation 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 wk-form4_1703024463.xml FORM 4 X0508 4 2023-12-15 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 0 Common Units 2023-12-15 4 M 0 70749 A 457204 D Common Units 2023-12-15 4 D 0 35375 23.44 D 421829 D Common Units 2023-12-15 4 M 0 36000 A 457829 D Common Units 2023-12-15 4 D 0 18000 23.44 D 439829 D Common Units 2023-12-15 4 M 0 128112 A 567941 D Common Units 2023-12-15 4 D 0 64056 23.44 D 503885 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 2023-12-15 4 M 0 70749 D Common Units 70749 0 D Phantom Units 2023-12-15 4 M 0 36000 D Common Units 36000 0 D Phantom Units 2023-12-15 4 M 0 128112 D Common Units 128112 85408 D Each phantom unit is the economic equivalent of one common unit of USA Compression Partners, LP (the "Issuer"). The Reporting Person settled approximately 50% of his newly vested phantom units for cash and the rest for common units. Includes common units acquired under USA Compression Partners, LP Distribution Reinvestment Plan. 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. These phantom units were awarded on December 5, 2018. The phantom units vested in full on December 5, 2023. These phantom units were awarded on November 1, 2018. These phantom units were awarded on December 5, 2020. The phantom units vest incrementally, with 60% of the phantom units vesting on December 5, 2023 and 40% of the phantom units vesting on December 5, 2025. 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, 60% 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 2023-12-18