0001693923-23-000003.txt : 20231219
0001693923-23-000003.hdr.sgml : 20231219
20231219171431
ACCESSION NUMBER: 0001693923-23-000003
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: Kimble Sean T
CENTRAL INDEX KEY: 0001693923
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35779
FILM NUMBER: 231498428
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_1703024063.xml
FORM 4
X0508
4
2023-12-15
0
0001522727
USA Compression Partners, LP
USAC
0001693923
Kimble Sean T
C/O USA COMPRESSION PARTNERS, LP
111 CONGRESS AVENUE, SUITE 2400
AUSTIN
TX
78701
0
1
0
0
See Remarks
0
Common Units
2023-12-15
4
M
0
14770
A
66587
D
Common Units
2023-12-15
4
D
0
7385
23.44
D
59202
D
Common Units
2023-12-15
4
M
0
27432
A
86634
D
Common Units
2023-12-15
4
D
0
13716
23.44
D
72918
D
Phantom Units
2023-12-15
4
M
0
14770
D
Common Units
14770
0
D
Phantom Units
2023-12-15
4
M
0
27432
D
Common Units
27432
18287
D
The Reporting Person settled approximately 50% of his newly vested phantom units for cash and the rest for common units.
Each phantom unit is the economic equivalent of one common unit of USA Compression Partners, LP (the "Issuer").
These phantom units were awarded on December 5, 2018.
These phantom units vested in full on December 5, 2023.
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.
The Reporting Person is the Vice President, Human Resources 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/ Sean T. Kimble
2023-12-18