SEC Form 4 · accession 0001610682-16-000114
USD Partners LP · USDP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jane A Ohagan
Director · Other
Period of report
Feb 16, 2016
Accepted (ET)
Feb 16, 2016 · 7:00 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001610682
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| COMMON UNITS (LIMITED PARTNER INTERESTS)F1,F2 | Feb 16, 2016 | M | 10,256 | — | A | 10,256 | D | |
| COMMON UNITS (LIMITED PARTNER INTERESTS)F1,F2 | Feb 16, 2016 | D | 10,256 | $6.27 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PHANTOM UNITSF1,F2 | $0.00 | Feb 16, 2016 | M | 10,256 | A | Feb 16, 2016 | Feb 16, 2016 | COMMON UNITS | 10,256 | 0 | D |
Explanation of responses
- F1Represents the vesting of Phantom Units which are settled in cash pursuant to the terms of the applicable award agreement.
- F2Each Phantom Unit is the economic equivalent of one common unit of USDP.
Remarks
The Reporting Person is a director of USD Partners 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.