EIG VETERAN EQUITY AGGREGATOR, L.P. - 12 Jan 2024 Form 4 Insider Report for USA Compression Partners, LP (USAC)

Role
10%+ Owner
Signature
EIG Veteran Equity Aggregator, L.P.; By: EIG Veteran Equity GP, LLC, its general partner; By: EIG Asset Management, LLC, its managing member; By: /s/ Matthew Hartman, Managing Director; By: /s/ Nick Williams, Senior Vice President
Issuer symbol
USAC
Transactions as of
12 Jan 2024
Net transactions value
+$33,653,119
Form type
4
Filing time
16 Jan 2024, 20:22:38 UTC
Previous filing
29 Dec 2023
Next filing
26 Jan 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction USAC Common Units Conversion of derivative security $33,653,119 +1,681,689 $20.01 1,681,689 12 Jan 2024 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction USAC Series A Perpetual Preferred Units Conversion of derivative security -33,653 -8% 387,011 12 Jan 2024 Common Units 1,681,689 $20.01 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Series A Perpetual Preferred Units are perpetual and therefore have no expiration date.
F2 Each Series A Perpetual Preferred Unit is convertible into a number of common units of the Issuer equal to $1,000 (plus accrued and unpaid distributions) divided by $20.0115, subject to certain adjustments.