SEC Form 4/A · accession 0001610682-17-000064
USD Partners LP · USDP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Keith Benson
Officer — SEE REMARKS
Period of report
Mar 2, 2017
Accepted (ET)
Mar 6, 2017 · 5:27 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,F3 | Mar 2, 2017 | F | 2,550 | $0.00 | D | 72,748 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents common units of limited partnership interest withheld by the Issuer to satisfy tax withholding obligations upon the vesting of outstanding phantom units.
- F2Includes 66,710 phantom units. Each phantom unit is the economic equivalent of one common unit of USDP. The phantom units vest in four annual installments commencing on the one-year anniversary of the issuance date.
- F3This Amendment on Form 4/A is being filed to correct the number of common units beneficially owned by the Reporting Person following the reporting transactions.
Remarks
The Reporting Person is General Counsel 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.