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