Major owner of USA Compression Partners, LP just disposed of 737,000 shares

Compression Holdings, Usa, a major owner of USA Compression Partners, LP and a director of the company, recently disposed of 737,000 shares of the company. The disposals took place at $25.59 per share, on May 19, 2014. Usa still owns 4,958,125 shares of the company. Usa operates out of New York, NY. Some additional info was provided as follows:

Includes common units acquired under USA Compression Partners, LP's (the "Issuer") Distribution Reinvestment Plan. This Form 4 is filed jointly by USA Compression Holdings, LLC ("USAC Holdings"), USA Compression GP, LLC (the "General Partner"), R/C IV USACP Holdings, L.P. ("R/C IV"), Riverstone/Carlyle Energy Partners IV, L.P., the general partner of R/C IV ("R/C EP IV"), and R/C Energy GP IV, LLC, the general partner of R/C EP IV. R/C IV owns 97.6% of the limited liability company interests of USAC Holdings and is entitled to elect a majority of the members of the board of managers of USAC Holdings. Accordingly, R/C IV may be deemed to indirectly beneficially own the common units owned by USAC Holdings, but disclaims beneficial ownership except to the extent of its pecuniary interest therein.

The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here.

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