Christopher M. Paulsen - 05 Dec 2024 Form 4 Insider Report for USA Compression Partners, LP (USAC)

Role
Officer
Signature
/s/ Christopher M. Paulsen
Issuer symbol
USAC
Transactions as of
05 Dec 2024
Net transactions value
$0
Form type
4
Filing time
09 Dec 2024, 16:57:56 UTC
Previous filing
25 Nov 2024
Next filing
09 Dec 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction USAC Common Units Award $0 +56,250 $0.000000 56,250 05 Dec 2024 Direct F1

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 Cash Units Award +18,750 18,750 05 Dec 2024 Common Units 18,750 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 An award of Restricted Units granted under the USA Compression Partners, LP Long-Term Incentive Plan that will vest 60% on December 5, 2027 and 40% on December 5, 2029, generally contingent upon the reporting person's continued employment with USA Compression Partners, LP (the "Issuer") or one of its affiliates on each applicable vesting date.
F2 An award of cash units grated under the USA Compression Partners, LP Long-Term Cash Restricted Unit Plan, scheduled to vest one-third on December 5, 2025, one-third on December 5, 2026, and one-third on December 5, 2027, generally contingent upon the reporting person's continued employment with the Issuer or one of its affiliates on each applicable vesting date. The cash units will be settled solely in cash at the fair market value of the underlying common units based on the average closing price of a common units for the ten (10) trading days immediately preceding the applicable vesting date.

Remarks:

The Reporting Person is the Vice President, Chief Financial Officer and Treasurer of USA Compression GP, LLC, the general partner (the "General Partner") of the Issuer. The Issuer is managed by the directors and executive officers of the General Partner.