8-K 1 a13-7097_18k.htm CURRENT REPORT OF MATERIAL EVENTS OR CORPORATE CHANGES

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC  20549

 


 

FORM 8-K

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

 

Date of report (Date of earliest event reported):   March 15, 2013

 

USA Compression Partners, LP

(Exact Name of Registrant as Specified in Charter)

 

Delaware

 

1-35779

 

75-2771546

(State or Other

Jurisdiction of

Incorporation)

 

(Commission File

Number)

 

(I.R.S. Employer

Identification No.)

 

100 Congress Avenue
Suite 450
Austin, TX

 

 

 

78701

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s telephone number, including area code:   (512) 473-2662

 

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

o            Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o            Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o            Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o            Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 



 

ITEM 5.02.                               DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.

 

On March 11, 2013, the Board of Managers of USA Compression Holdings, LLC, as sole member of USA Compression GP, LLC (the “General Partner”), the general partner of USA Compression Partners, LP, increased the size of the Board of Directors of the General Partner (the “GP Board”) to eight members and appointed Forrest E. Wylie to serve as the eighth member of the GP Board, effective immediately. Mr. Wylie was also appointed by the GP Board to the Audit Committee of the GP Board. Mr. Wylie qualifies as the General Partner’s third independent director under the rules of the Securities and Exchange Commission and the New York Stock Exchange. There are no arrangements or understandings between Mr. Wylie and any other persons pursuant to which he was appointed as a director.  There are no relationships between Mr. Wylie and the General Partner or any related person of the General Partner that would require disclosure pursuant to Item 404(a) of Regulation S-K.

 

In connection with Mr. Wylie’s appointment to the GP Board he has received phantom unit grants under the USA Compression Partners, LP, 2013 Long-Term Incentive Plan. Although Mr. Wylie is eligible to receive a $75,000 cash retainer (payable quarterly) for his services on the GP Board, he has elected to receive such retainer in additional phantom units, vesting quarterly.

 

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SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

USA COMPRESSION PARTNERS, LP

 

 

 

 

 

 

 

 

By:

USA Compression GP, LLC,

 

 

 

its General Partner

 

 

 

 

 

 

 

 

By:

/s/ J. Gregory Holloway

 

 

 

 

J. Gregory Holloway

 

 

 

 

Vice President, General Counsel and Secretary

 

 

 

 

 

 

 

 

 

 

Dated March 15, 2013

 

 

 

 

 

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