Roy McNiven - 03 Feb 2022 Form 4 Insider Report for CSI Compressco LP

Role
SVP, Operations
Signature
/s/ Jonathan W. Byers, Attorney-in-Fact for McNiven Roy E
Issuer symbol
N/A
Transactions as of
03 Feb 2022
Net transactions value
-$1,517
Form type
4
Filing time
07 Feb 2022, 18:56:09 UTC
Previous filing
05 Oct 2021
Next filing
13 Sep 2022
SEC
View on sec.gov

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 +4,423 +2.7% $0.000000 169,587 03 Feb 2022 Direct F1
transaction CCLP Common Units Representing Limited Partner Interests Tax liability $1,517 -1,076 -0.63% $1.41 168,511 03 Feb 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Roy McNiven is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Represents dividend equivalent rights accrued on the reporting person's phantom units granted on February 21, 2019, February 22, 2020 and February 19, 2021 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.
F2 Reflects units surrendered to the Issuer to satisfy tax withholding obligations upon the vesting of the dividend equivalent rights accrued on the February 21, 2019, February 22, 2020 and February 19, 2021 phantom unit awards.