Initial Statement of Beneficial Ownership (3)
January 09 2017 - 6:55PM
Edgar (US Regulatory)
FORM 3
|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
|
OMB APPROVAL
OMB Number:
3235-0104
Estimated average burden
hours per response...
0.5
|
|
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
|
|
1. Name and Address of Reporting Person
*
Kimble Sean T
|
2. Date of Event Requiring Statement (MM/DD/YYYY)
1/1/2017
|
3. Issuer Name
and
Ticker or Trading Symbol
USA Compression Partners, LP [USAC]
|
(Last)
(First)
(Middle)
C/O USA COMPRESSION PARTNERS, LP, 100 CONGRESS AVENUE, SUITE 450
|
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)
_____ Director
_____ 10% Owner
___
X
___ Officer (give title below)
_____ Other (specify below)
SEE REMARKS /
|
(Street)
AUSTIN, TX 78701
(City)
(State)
(Zip)
|
5. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line)
_
X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
|
Table I - Non-Derivative Securities Beneficially Owned
|
1.Title of Security
(Instr. 4)
|
2. Amount of Securities Beneficially Owned
(Instr. 4)
|
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
|
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
|
Common Units
|
12613
|
D
|
|
Table II - Derivative Securities Beneficially Owned (
e.g.
, puts, calls, warrants, options, convertible securities)
|
1. Title of Derivate Security
(Instr. 4)
|
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
|
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
|
4. Conversion or Exercise Price of Derivative Security
|
5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
|
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
|
Date Exercisable
|
Expiration Date
|
Title
|
Amount or Number of Shares
|
Phantom Units
|
(1)
|
(2)
|
Common Units
|
2754
|
(3)
|
D
|
|
Phantom Units
|
(4)
|
(2)
|
Common Units
|
11748
|
(3)
|
D
|
|
Phantom Units
|
(5)
|
(2)
|
Common Units
|
64177
|
(3)
|
D
|
|
Phantom Units
|
2/15/2019
(6)
|
(2)
|
Common Units
|
16044
(6)
|
(3)
|
D
|
|
Explanation of Responses:
|
(
1)
|
The phantom units will vest on 8/15/2017.
|
(
2)
|
In the event of cessation of the Reporting Person's services for any reason, all phantom units that have not vested prior to or in connection with such cessation of service shall automatically be forfeited.
|
(
3)
|
Each phantom unit is the economic equivalent of one common unit of USA Compression Partners, LP.
|
(
4)
|
The phantom units will vest in two equal annual installments, with the first installment vesting on 02/15/2017.
|
(
5)
|
The phantom units will vest in three equal annual installments, with the first installment vesting on 02/15/2017.
|
(
6)
|
The number of phantom units that vest on February 15, 2019 will range between 0% and 200% of the reported number of phantom units generally depending on the Issuer's achievement of certain objective, performance-based criteria during the three years prior to the vesting date. If none or only a portion of phantom units vest as a result of specified performance levels not being met, such number of phantom units that fail to vest will be forfeited. The phantom units shall also vest immediately prior to a change in control regarding the Issuer.
|
Remarks:
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. Exhibit List: Exhibit 24 - Power of Attorney.
|
Reporting Owners
|
Reporting Owner Name / Address
|
Relationships
|
Director
|
10% Owner
|
Officer
|
Other
|
Kimble Sean T
C/O USA COMPRESSION PARTNERS, LP
100 CONGRESS AVENUE, SUITE 450
AUSTIN, TX 78701
|
|
|
SEE REMARKS
|
|
Signatures
|
/s/ Sean T. Kimble
|
|
1/9/2017
|
**
Signature of Reporting Person
|
Date
|
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
|
*
|
If the form is filed by more than one reporting person,
see
Instruction 5(b)(v).
|
**
|
Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
See
18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
|
Note:
|
File three copies of this Form, one of which must be manually signed. If space is insufficient,
see
Instruction 6 for procedure.
|
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
|
USA Compression Partners (NYSE:USAC)
Historical Stock Chart
From Mar 2024 to Apr 2024
USA Compression Partners (NYSE:USAC)
Historical Stock Chart
From Apr 2023 to Apr 2024