John Earl Jackson - 19 Feb 2023 Form 4 Insider Report for CSI Compressco LP

Role
Chief Executive Officer, Director
Signature
/s/ Jonathan W. Byers, Attorney-in-Fact for John E. Jackson
Issuer symbol
N/A
Transactions as of
19 Feb 2023
Net transactions value
-$53,954
Form type
4
Filing time
22 Feb 2023, 18:11:11 UTC
Previous filing
09 Mar 2023
Next filing
14 Apr 2023
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 +9,719 +1.1% $0.000000 880,930 19 Feb 2023 Direct F1
transaction CCLP Common Units Representing Limited Partner Interests Tax liability $2,981 -2,366 -0.27% $1.26 878,564 19 Feb 2023 Direct F2
transaction CCLP Common Units Representing Limited Partner Interests Tax liability $50,973 -40,455 -4.6% $1.26 838,109 19 Feb 2023 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Reflects units surrendered to the Issuer to satisfy tax withholding obligations upon the vesting of the dividend equivalent rights accrued.
F3 Reflects units surrendered to the Issuer to satisfy tax withholding obligations upon the vesting of phantom units.