0001610682-23-000013.txt : 20230221 0001610682-23-000013.hdr.sgml : 20230221 20230221161903 ACCESSION NUMBER: 0001610682-23-000013 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230216 FILED AS OF DATE: 20230221 DATE AS OF CHANGE: 20230221 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Borgen Dan CENTRAL INDEX KEY: 0001457698 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36674 FILM NUMBER: 23648419 MAIL ADDRESS: STREET 1: 9500 NEW CENTURY CITY: PASADENA STATE: TX ZIP: 77507 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_167701430222290.xml FORM 4 X0306 4 2023-02-16 0 0001610682 USD Partners LP USDP 0001457698 Borgen Dan 811 MAIN STREET, SUITE 2800 HOUSTON TX 77002 1 1 0 0 SEE REMARKS COMMON UNITS (LIMITED PARTNER INTERESTS) 2023-02-16 4 A 0 90239 0 A 620857 D COMMON UNITS (LIMITED PARTNER INTERESTS) 2023-02-16 4 F 0 51173 3.54 D 569684 D COMMON UNITS (LIMITED PARTNER INTERESTS) 193419 I By KKB Holdings LLC 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 373,438 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 256,221 phantom units. The Reporting Person is President and Chief Executive Officer and a director 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 Daniel Kent Borgen 2023-02-21