Derek J. Anchondo - Feb 7, 2024 Form 4 Insider Report for CSI Compressco LP (CCLP)

Signature
/s/ Jonathan W. Byers, Attorney-in-Fact for Derek J. Anchondo
Stock symbol
CCLP
Transactions as of
Feb 7, 2024
Transactions value $
-$7,147
Form type
4
Date filed
2/9/2024, 09:43 PM
Previous filing
Mar 3, 2023
Next filing
Mar 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCLP Common Units Representing Limited Partner Interests Award $0 +12K +11.29% $0.00 118K Feb 7, 2024 Direct F1
transaction CCLP Common Units Representing Limited Partner Interests Tax liability -$6.86K -3.56K -3.01% $1.93 115K Feb 7, 2024 Direct F2
transaction CCLP Common Units Representing Limited Partner Interests Award $0 +497 +0.43% $0.00 115K Feb 7, 2024 Direct F3
transaction CCLP Common Units Representing Limited Partner Interests Tax liability -$284 -147 -0.13% $1.93 115K Feb 7, 2024 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This phantom unit award was granted pursuant to the CSI Compressco LP Second Amended and Restated 2011 Long Term Incentive Plan. One-third of the award vested on each of February 7, 2023 and February 7, 2024, and one-third of the award will vest on February 7, 2025.
F2 Reflects units surrendered to the Issuer to satisfy tax withholding obligations upon the vesting of phantom units.
F3 Represents a grant of dividend equivalent rights accrued on the reporting person's phantom units pursuant to the CSI Compressco LP Second Amended and Restated 2011 Long Term Incentive Plan and that were settled proportionately with the award to which they relate. Each dividend equivalent right is the economic equivalent of one Common Unit representing limited partner interests in CSI Compressco LP and may be settled only in Common Units representing limited partner interests in CSI Compressco LP.
F4 Reflects units surrendered to the Issuer to satisfy tax withholding obligations upon the vesting of the dividend equivalent rights accrued.