Robert Wesley Price - 19 Feb 2022 Form 4 Insider Report for CSI Compressco LP (CCLP)

Role
Chief Operating Officer, Director
Signature
/s/ Jonathan W. Byers, Attorney-in-Fact for Robert Wesley Price
Issuer symbol
CCLP
Transactions as of
19 Feb 2022
Transactions value $
-$62,054
Form type
4
Filing time
23 Feb 2022, 18:16:57
Previous filing
12 Nov 2021
Next filing
22 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCLP Common Units Representing Limited Partner Interests Award $0 +4.31K +0.68% $0.00 637K 19 Feb 2022 Direct F1
transaction CCLP Common Units Representing Limited Partner Interests Tax liability -$60.2K -42.4K -6.66% $1.42 594K 19 Feb 2022 Direct F2
transaction CCLP Common Units Representing Limited Partner Interests Tax liability -$1.81K -1.28K -0.22% $1.42 593K 19 Feb 2022 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents dividend equivalent rights accrued on the reporting person's phantom units granted on February 19, 2021 and pursuant to the CSI Compressco LP Second Amended and Restated 2011 Long Term Incentive Plan and that 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 and may be settled only in Common Units representing limited partner interests in CSI Compressco LP.
F2 Reflects units surrendered to the Issuer to satisfy tax withholding obligations upon the vesting of phantom units granted on February 19, 2021.
F3 Reflects units surrendered to the Issuer to satisfy tax withholding obligations upon the vesting of the dividend equivalent rights accrued on the February 19, 2021 phantom unit award.