Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | USAC | Common Units | Sale | -$171K | -6.96K | -1.87% | $24.53 | 365K | Feb 22, 2024 | Direct | F1, F2, F3 |
transaction | USAC | Common Units | Sale | -$229K | -9.33K | -2.55% | $24.50 | 356K | Feb 23, 2024 | Direct | F1, F3, F4 |
holding | USAC | Common Units | 23.2K | Feb 22, 2024 | By Alex B Long Trust | F3, F5 | |||||
holding | USAC | Common Units | 33.2K | Feb 22, 2024 | By Adam Ericson Long Trust | F3, F5 | |||||
holding | USAC | Common Units | 17.6K | Feb 22, 2024 | By Aladdin Partners, L.P. | F3 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
Id | Content |
---|---|
F1 | Pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person on November 13, 2023. |
F2 | Represents the weighted average unit price of an aggregate total of 6,959 common units sold in the price range of $24.50 to $24.76 by the Reporting Person. The Reporting Person undertakes to provide upon request by the Securities and Exchange Commission staff, USA Compression Partners, LP (the "Issuer"), or a security holder of the Issuer, full information regarding the number of common units sold at each separate price. |
F3 | Includes common units acquired under the Issuer's Distribution Reinvestment Plan. |
F4 | Represents the weighted average unit price of an aggregate total of 9,329 common units sold in the price range of $24.50 to $24.53 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. |
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.