ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

USAC USA Compression Partners LP

25.18
0.24 (0.96%)
After Hours
Last Updated: 22:22:44
Delayed by 15 minutes
Share Name Share Symbol Market Type
USA Compression Partners LP NYSE:USAC NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.24 0.96% 25.18 25.34 24.68 24.90 606,005 22:22:44

Initial Statement of Beneficial Ownership (3)

09/06/2020 9:32pm

Edgar (US Regulatory)


FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

OMB APPROVAL
OMB Number: 3235-0104
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Scheller Eric A
2. Date of Event Requiring Statement (MM/DD/YYYY)
6/2/2020 

3. Issuer Name and Ticker or Trading Symbol

USA Compression Partners, LP [USAC]
(Last)        (First)        (Middle)

111 CONGRESS AVE., SUITE 2400
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                          _____ 10% Owner
___X___ Officer (give title below)        _____ Other (specify below)
See Remarks /
(Street)

AUSTIN, TX 78701      

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed(MM/DD/YYYY)
 

6. Individual or Joint/Group Filing(Check Applicable Line)

_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Units 36939 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Phantom Units  (1) (2)Common Units 2230.0  (3)D  
Phantom Units  (4) (2)Common Units 13717.0  (3)D  
Phantom Units  (5) (2)Common Units 31446.0  (3)D  

Explanation of Responses:
(1) The phantom units will vest in full on February 15, 2021.
(2) 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.
(3) Each phantom unit is the economic equivalent of one common unit of USA Compression Partners, LP.
(4) The phantom units will vest incrementally, with 60% of the phantom units vesting on December 5, 2021 and the remaining 40% of the phantom units vesting on December 5, 2023.
(5) The phantom units will vest incrementally, with 60% of the phantom units vesting on December 5, 2022 and the remaining 40% of the phantom units vesting on December 5, 2024.

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.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Scheller Eric A
111 CONGRESS AVE.
SUITE 2400
AUSTIN, TX 78701


See Remarks

Signatures
/s/ Eric A. Scheller6/9/2020
**Signature of Reporting PersonDate

1 Year USA Compression Partners Chart

1 Year USA Compression Partners Chart

1 Month USA Compression Partners Chart

1 Month USA Compression Partners Chart

Your Recent History

Delayed Upgrade Clock