SEC Form 4 · accession 0001449488-16-000107
CSI Compressco LP · CCLP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles B. Benge
Officer — VP Operations
Period of report
May 2, 2016
Accepted (ET)
May 16, 2016 · 4:41 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001449488
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Units representing limited partner interestsF2 | May 2, 2016 | A | 8,523 | $0.00 | A | 24,966 | D | |
| Common Units representing limited partner interests | May 4, 2016 | F | 241 | $8.03 | D | 24,725 | D | |
| Common Units representing limited partner interestsF1 | May 4, 2016 | M | 116 | — | A | 24,841 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Equivalent RightsF1 | — | May 4, 2016 | M | 116 | D | — | — | Common Units representing limited partner interests | 116 | 0 | D |
Explanation of responses
- F1The dividend equivalent rights accrued on an award of phantom units granted pursuant to the CSI Compressco LP Amended and Restated 2011 Long Term Incentive Plan and 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.
- F2This phantom unit award was granted pursuant to the CSI Compressco LP Amended and Restated 2011 Long Term Incentive Plan.