Eric A. Scheller - 20 Dec 2024 Form 4 Insider Report for USA Compression Partners, LP (USAC)

Role
Officer
Signature
/s/ Eric A. Scheller
Issuer symbol
USAC
Transactions as of
20 Dec 2024
Net transactions value
-$481,561
Form type
4
Filing time
20 Dec 2024, 16:39:51 UTC
Previous filing
09 Dec 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction USAC Common Units Options Exercise +12,578 +11% 124,670 20 Dec 2024 Direct F1, F2
transaction USAC Common Units Disposed to Issuer $145,968 -6,289 -5% $23.21 118,381 20 Dec 2024 Direct
transaction USAC Common Units Options Exercise +28,917 +24% 147,298 20 Dec 2024 Direct F1, F2
transaction USAC Common Units Disposed to Issuer $335,593 -14,459 -9.8% $23.21 132,839 20 Dec 2024 Direct

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 Options Exercise -12,578 -100% 0 20 Dec 2024 Common Units 12,578 Direct F1, F2, F3, F4
transaction USAC Phantom Units Options Exercise -28,917 -60% 19,278 20 Dec 2024 Common Units 28,917 Direct F1, F2, F5, F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each phantom unit is the economic equivalent of one common unit of USA Compression Partners, LP (the "Issuer").
F2 The Reporting Person settled approximately 50% of his newly vested phantom units for cash and the rest for common units.
F3 These phantom units were awarded on December 5, 2019.
F4 These phantom units vested in full on December 5, 2024.
F5 These phantom units were awarded on December 5, 2021.
F6 The phantom units vest incrementally, with 60% of the phantom units vesting on December 5, 2024 and 40% of the phantom units vesting on December 5, 2026.
F7 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.

Remarks:

The Reporting Person is the Vice President and Chief Operating Officer 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.