SEC Form 4 · accession 0001449488-16-000109
CSI Compressco LP · CCLP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronald J. Foster
Officer — SR VP Sales & Marketing
Period of report
May 2, 2016
Accepted (ET)
May 16, 2016 · 4:42 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 interestsF1 | May 2, 2016 | A | 4,262 | $0.00 | A | 81,791 | D | |
| Common Units representing limited partner interests | May 4, 2016 | F | 409 | $8.03 | D | — | D | |
| Common Units representing limited partner interestsF2 | May 4, 2016 | M | 147 | — | A | 81,529 | 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 RightsF2 | — | May 4, 2016 | M | 147 | D | — | — | Common Units repressenting limited partner interests | 147 | 0 | D |
Explanation of responses
- F1This phantom unit award was granted pursuant to the CSI Compressco LP Amended and Restated 2011 Long Term Incentive Plan.
- F2The 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.