SEC Form 4 · accession 0001610682-18-000048
USD Partners LP · USDP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Keith Benson
Officer — SEE REMARKS
Period of report
Feb 25, 2018
Accepted (ET)
Feb 27, 2018 · 5:39 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 25, 2018 | F | 1,754 | $11.50 | D | 88,619 | 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 of the Reporting Person upon vesting of outstanding phantom units.
- F2Includes 73,184 phantom units. Reflects the transfer of 1,853 common units of limited partnership interests issued upon vesting of phantom units transferred to ex-spouse pursuant to a domestic relations order.
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.