Eric D. Long - Dec 2, 2022 Form 4 Insider Report for USA Compression Partners, LP (USAC)

Role: Officer, Director
Signature: /s/ Eric D. Long
Stock symbol: USAC
Transactions as of: Dec 2, 2022
Transactions value $: -$376,471
Form type: 4
Date filed: 12/6/2022, 05:19 PM
Previous filing: Dec 21, 2021
Next filing: Dec 13, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	USAC	Common Units	Sale	-$58.7K	-3.12K	-0.58%	$18.82	532K	Dec 2, 2022	Direct	F1, F2, F3
transaction	USAC	Common Units	Sale	-$318K	-17.3K	-3.25%	$18.38	515K	Dec 5, 2022	Direct	F2, F3, F4
holding	USAC	Common Units						23.2K	Dec 2, 2022	By Alex B Long Trust	F3, F5
holding	USAC	Common Units						33.2K	Dec 2, 2022	By Adam Ericson Long Trust	F3, F5
holding	USAC	Common Units						17.6K	Dec 2, 2022	By Aladdin Partners, L.P.	F3

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	Phantom Units	Award		+194K			194K	Dec 5, 2022	Common Units	194K		Direct	F6, F7, F8

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents the weighted average unit price of an aggregate total of 3,117 common units sold in the price range of $18.75 to $18.94 by the Reporting Person. The Reporting Person undertakes to provide upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of common units sold at each separate price.
F2	The common units were sold by the Reporting Person for tax planning purposes.
F3	Includes common units acquired under USA Compression Partners, LP (the "Issuer") Distribution Reinvestment Plan.
F4	Represents the weighted average unit price of an aggregate total of 17,291 common units sold in the price range of $18.25 to $18.59 by the Reporting Person. The Reporting Person undertakes to provide upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of common units sold at each separate price.
F5	Common units held by each of the Alex B. Long Trust and the Adam Ericson Long Trust, of which the Reporting Person is the trustee under agreements dated April 17, 2007.
F6	Each phantom unit is the economic equivalent of one common unit of the Issuer.
F7	The phantom units vest incrementally, with 60% of the phantom units vesting on December 5, 2025 and 40% of the phantom units vesting on December 5, 2027.
F8	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. Notwithstanding the foregoing, if the Reporting Person retires after attaining the age of 65-68, 60% of his then-unvested phantom units will be forfeited at the time of retirement. If the Reporting Person retires and is over age 68, 50% of his then-unvested phantom units will be forfeited at the time of retirement.

Remarks:

The Reporting Person is the President, Chief Executive Officer and Director 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.