EIG VETERAN EQUITY AGGREGATOR, L.P. - 04 Apr 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
04 Apr 2024
Net transactions value
-$147,939,141
Form type
4
Filing time
08 Apr 2024, 16:16:32 UTC
Previous filing
26 Jan 2024
Next filing
09 May 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 +11,771,825 11,711,825 04 Apr 2024 Direct F1
transaction USAC Common Units Sale $147,939,141 -5,889,297 -50% $25.12 5,882,528 04 Apr 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 -235,572 -61% 151,439 04 Apr 2024 Common Units 11,771,825 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Series A Perpetual Preferred Unit is convertible into a number of common units of the Issuer equal to the original per unit $1,000 acquisition price (plus accrued and unpaid distributions) divided by $20.0115, subject to certain adjustments.
F2 All Series A Perpetual Preferred Units held by the Reporting Person are convertible as of April 2, 2023. The Series A Perpetual Preferred Units are perpetual and therefore have no expiration date.