Form Type: 4

SEC EDGAR Link
Accession Number:0001265643-22-000006
Date:2022-12-16
Issuer: USA COMPRESSION PARTNERS, LP (USAC)
Original Submission Date:

Reporting Person:

LONG ERIC D
C/O USA COMPRESSION PARTNERS, LP
111 CONGRESS AVENUE, SUITE 2400 AUSTIN, TX 78701

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON UNITS 2022-12-16 M 25,059 a $0.00 499,038 direct
COMMON UNITS 2022-12-16 D 12,530 d $18.37 486,508 direct
COMMON UNITS 2022-12-16 M 100,234 a $0.00 586,742 direct
COMMON UNITS 2022-12-16 D 50,117 d $18.37 536,625 direct
COMMON UNITS 2022-12-16 0 $0.00 23,182 indirect
COMMON UNITS 2022-12-16 0 $0.00 33,182 indirect
COMMON UNITS 2022-12-16 0 $0.00 17,592 indirect
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
PHANTOM UNITS 0.0 2022-12-16 deemed execution date M 25,059 (d) common units 25,059 $0.00 16,705 direct
PHANTOM UNITS 0.0 2022-12-16 deemed execution date M 100,234 (d) common units 100,234 $0.00 66,822 direct
Footnotes
IDfootnote
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 includes common units acquired under usa compression partners, lp distribution reinvestment plan.
f4 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.
f5 these phantom units were awarded on december 5, 2019 pursuant to a retention phantom unit agreement.
f6 the phantom units vest incrementally, with 60% of the phantom units vesting on december 5, 2022 and 40% of the phantom units vesting on december 5, 2024.
f7 in the event of the cessation of the reporting person's service by the general partner for cause or by the reporting person without good reason, all unvested phantom units at the time of such cessation will automatically be forfeited. notwithstanding the foregoing, if the reporting person retires after attaining the age of 65, 60% of his then-unvested phantom units will be forfeited at the time of retirement.
f8 these phantom units were awarded on december 5, 2019.
f9 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. notwithstanding the foregoing, if the reporting person retires after attaining the age of 65, 60% of his then-unvested phantom units will be forfeited at the time of retirement.

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