person · Reporting owner
US DEVELOPMENT GROUP, LLC
Disclosed activity across 1 company
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Latest disclosed role at each company.
| Company | Last reported as | Report date | Published |
|---|---|---|---|
| USD Partners LPUSDP · Entity 93812 | Director · 10% owner | April 06, 2022 | October 06, 2022 |
Disclosed balances
About these balances
Latest available filing per company, not a reconstructed current portfolio. Matching sequences show the last reported balance with all source rows expandable; grouping alone does not establish account ownership. Do not add unresolved positions together. Filings may omit unchanged positions, and amendments may correct only part of an older disclosure. Jointly reported shares are not necessarily this owner's personal holdings.
USD Partners LP
Report date April 06, 2022 · Filed October 06, 2022
Jointly reported with USD GROUP LLC, USD HOLDINGS LLC, ECP ControlCo, LLC, ENERGY CAPITAL PARTNERS III, LLC, Energy Capital Partners GP III, LP, ENERGY CAPITAL PARTNERS III, LP, ENERGY CAPITAL PARTNERS III-A, LP, ENERGY CAPITAL PARTNERS III-B (USD IP), LP, ENERGY CAPITAL PARTNERS III-C (USD IP), LP
| Security / award | Ownership account | Disclosed shares / units | Disclosure context |
|---|---|---|---|
| COMMON UNITS (LIMITED PARTNER INTERESTS)SEC Table I · non-derivative | IndirectSee Footnotes | 17,308,226 |
Reported balance
After 2022-04-06 transaction · row 1
Joint disclosure: continuity of the reported position is unresolved; see ownership footnotes.
1 source rowRow 1 · 2022-04-06 · Other · Acquired 5,751,136 · Balance 17,308,226 F1: On April 6, 2022, USD Partners LP (the Partnership) and certain of its subsidiaries (together with the Partnership, the Acquiring Entities) completed the acquisition of equity interests in certain subsidiaries of USD Group LLC (USD Group) that own 100% of the Hardisty South Terminal (the Acquisition). Upon the closing of the Acquisition, the Partnership and USD Partners GP LLC, the general partner of the Partnership (the GP), completed the cancellation of the incentive distribution rights (IDRs) held by the GP, and the conversion of the GP's approximate 1.6% economic general partner interest in the Partnership into a non-economic general partner interest (the GP/IDR Restructuring and, together with the Acquisition, the Transactions).The total consideration for the Transactions was $75 million in cash plus 5,751,136 newly issued common units representing limited partner interests in the Partnership (the Common Units) that were issued to USD Group. F2: US Development Group, LLC (USD) is the parent company of USD Group, which is the sole owner of the membership interests of USD Partners GP LLC, the Issuer's general partner. USD manages USD Group. ECP ControlCo, LLC (ECP ControlCo) is the managing member of Energy Capital Partners III, LLC (ECP), which is the general partner of Energy Capital Partners GP III, LP (ECP GP), which is the general partner of each of Energy Capital Partners III, LP (ECP III), Energy Capital Partners III-A, LP (ECP-A), Energy Capital Partners III-B (USD IP), LP (ECP-B), and Energy Capital Partners III-C (USD IP), LP ((ECP-C) and together with ECP III,ECP-A and ECP-B, the "ECP Funds"). As a result, ECP ControlCo, ECP and ECP GP have voting and investment control over the securities owned by the ECP Funds. USD Holdings, LLC (USD Holdings) and the ECP Funds are members of USD and, with ECP and ECP ControlCo, may be deemed to indirectly beneficially own the limited partner interests beneficially owned by USD. F3: Following the transactions reported herein, USD Group directly holds 17,308,226 common units representing 51.9% of the common units and 51.9% of the limited partnership interests in the Issuer. USD Holdings is a 45.5% member of USD, and may therefore be deemed to indirectly beneficially own 7,875,243 common units, representing 45.5% of the limited partnership interests held by USD Group. ECP ControlCo, ECP, ECP GP and the ECP Funds collectively hold 49.2% of the membership interest in USD, and may therefore be deemed to indirectly beneficially own 8,515,647 common units, representing 49.2% of the limited partnership interests held by USD Group. |
Filing footnotes · ownership attribution and instrument terms
F1: On April 6, 2022, USD Partners LP (the Partnership) and certain of its subsidiaries (together with the Partnership, the Acquiring Entities) completed the acquisition of equity interests in certain subsidiaries of USD Group LLC (USD Group) that own 100% of the Hardisty South Terminal (the Acquisition). Upon the closing of the Acquisition, the Partnership and USD Partners GP LLC, the general partner of the Partnership (the GP), completed the cancellation of the incentive distribution rights (IDRs) held by the GP, and the conversion of the GP's approximate 1.6% economic general partner interest in the Partnership into a non-economic general partner interest (the GP/IDR Restructuring and, together with the Acquisition, the Transactions).The total consideration for the Transactions was $75 million in cash plus 5,751,136 newly issued common units representing limited partner interests in the Partnership (the Common Units) that were issued to USD Group.
F2: US Development Group, LLC (USD) is the parent company of USD Group, which is the sole owner of the membership interests of USD Partners GP LLC, the Issuer's general partner. USD manages USD Group. ECP ControlCo, LLC (ECP ControlCo) is the managing member of Energy Capital Partners III, LLC (ECP), which is the general partner of Energy Capital Partners GP III, LP (ECP GP), which is the general partner of each of Energy Capital Partners III, LP (ECP III), Energy Capital Partners III-A, LP (ECP-A), Energy Capital Partners III-B (USD IP), LP (ECP-B), and Energy Capital Partners III-C (USD IP), LP ((ECP-C) and together with ECP III,ECP-A and ECP-B, the "ECP Funds"). As a result, ECP ControlCo, ECP and ECP GP have voting and investment control over the securities owned by the ECP Funds. USD Holdings, LLC (USD Holdings) and the ECP Funds are members of USD and, with ECP and ECP ControlCo, may be deemed to indirectly beneficially own the limited partner interests beneficially owned by USD.
F3: Following the transactions reported herein, USD Group directly holds 17,308,226 common units representing 51.9% of the common units and 51.9% of the limited partnership interests in the Issuer. USD Holdings is a 45.5% member of USD, and may therefore be deemed to indirectly beneficially own 7,875,243 common units, representing 45.5% of the limited partnership interests held by USD Group. ECP ControlCo, ECP, ECP GP and the ECP Funds collectively hold 49.2% of the membership interest in USD, and may therefore be deemed to indirectly beneficially own 8,515,647 common units, representing 49.2% of the limited partnership interests held by USD Group.
Transaction history
JSON APIPurchases/sales include open-market and private transactions. Plan disclosure applies to the filing; individual rows may differ. “Not disclosed” is not “unplanned.”
The cutoff filters transaction history only. Company summaries and owner relationships show the latest available disclosures. Parser corrections can improve historical records.
| Transaction date | Company | Activity / security | Shares / units | Reported price | Reported value | Details |
|---|---|---|---|---|---|---|
| April 06, 2022 Filed Oct 6, 2022 22:37 UTC | USD Partners LP USDP · Entity 93812 | OtherCOMMON UNITS (LIMITED PARTNER INTERESTS) | 5,751,136 | $0.00 | $0.00 |
DisclosureSEC source: 0001610682-22-000042 · wf-form4_166509582303989.xml · nonDerivative · entry 1 USD GROUP LLC · CIK 0001621019 · Director · 10% owner US DEVELOPMENT GROUP, LLC · CIK 0001621021 · Director · 10% owner USD HOLDINGS LLC · CIK 0001621293 · Director · 10% owner ECP ControlCo, LLC · CIK 0001707921 · Director · 10% owner ENERGY CAPITAL PARTNERS III, LLC · CIK 0001621292 · Director · 10% owner Energy Capital Partners GP III, LP · CIK 0001697506 · Director · 10% owner ENERGY CAPITAL PARTNERS III, LP · CIK 0001594546 · 10% owner ENERGY CAPITAL PARTNERS III-A, LP · CIK 0001594547 · Director · 10% owner ENERGY CAPITAL PARTNERS III-B (USD IP), LP · CIK 0001621385 · Director · 10% owner ENERGY CAPITAL PARTNERS III-C (USD IP), LP · CIK 0001621413 · Director · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: Not disclosed Ownership: Indirect · See Footnotes Disclosed balance after: 17,308,226 F1 · kind: On April 6, 2022, USD Partners LP (the Partnership) and certain of its subsidiaries (together with the Partnership, the Acquiring Entities) completed the acquisition of equity interests in certain subsidiaries of USD Group LLC (USD Group) that own 100% of the Hardisty South Terminal (the Acquisition). Upon the closing of the Acquisition, the Partnership and USD Partners GP LLC, the general partner of the Partnership (the GP), completed the cancellation of the incentive distribution rights (IDRs) held by the GP, and the conversion of the GP's approximate 1.6% economic general partner interest in the Partnership into a non-economic general partner interest (the GP/IDR Restructuring and, together with the Acquisition, the Transactions).The total consideration for the Transactions was $75 million in cash plus 5,751,136 newly issued common units representing limited partner interests in the Partnership (the Common Units) that were issued to USD Group. F2 · ownership.nature: US Development Group, LLC (USD) is the parent company of USD Group, which is the sole owner of the membership interests of USD Partners GP LLC, the Issuer's general partner. USD manages USD Group. ECP ControlCo, LLC (ECP ControlCo) is the managing member of Energy Capital Partners III, LLC (ECP), which is the general partner of Energy Capital Partners GP III, LP (ECP GP), which is the general partner of each of Energy Capital Partners III, LP (ECP III), Energy Capital Partners III-A, LP (ECP-A), Energy Capital Partners III-B (USD IP), LP (ECP-B), and Energy Capital Partners III-C (USD IP), LP ((ECP-C) and together with ECP III,ECP-A and ECP-B, the "ECP Funds"). As a result, ECP ControlCo, ECP and ECP GP have voting and investment control over the securities owned by the ECP Funds. USD Holdings, LLC (USD Holdings) and the ECP Funds are members of USD and, with ECP and ECP ControlCo, may be deemed to indirectly beneficially own the limited partner interests beneficially owned by USD. F3 · ownership.nature: Following the transactions reported herein, USD Group directly holds 17,308,226 common units representing 51.9% of the common units and 51.9% of the limited partnership interests in the Issuer. USD Holdings is a 45.5% member of USD, and may therefore be deemed to indirectly beneficially own 7,875,243 common units, representing 45.5% of the limited partnership interests held by USD Group. ECP ControlCo, ECP, ECP GP and the ECP Funds collectively hold 49.2% of the membership interest in USD, and may therefore be deemed to indirectly beneficially own 8,515,647 common units, representing 49.2% of the limited partnership interests held by USD Group. Read SEC document |
| February 20, 2020 Filed Feb 24, 2020 22:25 UTC | USD Partners LP USDP · Entity 93812 | ConversionSUBORDINATED UNITS (LIMITED PARTNER INTERESTS) · Derivative | 2,092,709 | $0.00 | $0.00 |
DisclosureSEC source: 0001610682-20-000027 · wf-form4_158258309999943.xml · derivative · entry 2 USD GROUP LLC · CIK 0001621019 · Director · 10% owner US DEVELOPMENT GROUP, LLC · CIK 0001621021 · Director · 10% owner USD HOLDINGS LLC · CIK 0001621293 · Director · 10% owner ECP ControlCo, LLC · CIK 0001707921 · Director · 10% owner ENERGY CAPITAL PARTNERS III, LLC · CIK 0001621292 · Director · 10% owner Energy Capital Partners GP III, LP · CIK 0001697506 · Director · 10% owner ENERGY CAPITAL PARTNERS III, LP · CIK 0001594546 · 10% owner ENERGY CAPITAL PARTNERS III-A, LP · CIK 0001594547 · Director · 10% owner ENERGY CAPITAL PARTNERS III-B (USD IP), LP · CIK 0001621385 · Director · 10% owner ENERGY CAPITAL PARTNERS III-C (USD IP), LP · CIK 0001621413 · Director · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: Not disclosed Ownership: Indirect · See Footnotes Disclosed balance after: 0 Underlying: COMMON UNITS · 2,092,709 shares Expires not disclosed Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F4 · derivative.exercise_price: Subordinated units converted into common units on a one-for-one basis in separate sequential tranches. Each tranche was comprised of 20.0% of the subordinated units that were outstanding as of October 15, 2014. A separate tranche converted on each business day occurring on or after October 1, 2015 (but no more than once in any twelve-month period) subject to certain conditions being met. F4 · derivative.exercise_date: Subordinated units converted into common units on a one-for-one basis in separate sequential tranches. Each tranche was comprised of 20.0% of the subordinated units that were outstanding as of October 15, 2014. A separate tranche converted on each business day occurring on or after October 1, 2015 (but no more than once in any twelve-month period) subject to certain conditions being met. F4 · derivative.expiration_date: Subordinated units converted into common units on a one-for-one basis in separate sequential tranches. Each tranche was comprised of 20.0% of the subordinated units that were outstanding as of October 15, 2014. A separate tranche converted on each business day occurring on or after October 1, 2015 (but no more than once in any twelve-month period) subject to certain conditions being met. F2 · ownership.nature: US Development Group, LLC (USD) is the parent company of USD Group which is the sole owner of the membership interests of USD Partners GP LLC, the Issuer's general partner. USD manages USD Group. ECP ControlCo, LLC (ECP ControlCo) is the managing member of Energy Capital Partners III, LLC (ECP), which is the general partner of Energy Capital Partners GP III, LP (ECP GP), which is the general partner of each of Energy Capital Partners III, LP (ECP III), Energy Capital Partners III-A, LP (ECP-A), Energy Capital Partners III-B (USD IP), LP (ECP-B), and Energy Capital Partners III-C (USD IP), LP (ECP-C) and together with ECP III,ECP-A and ECP-B, the "ECP Funds". As a result, ECP ControlCo, ECP and ECP GP have voting and investment control over the securities owned by the ECP Funds. USD Holdings, LLC (USD Holdings) and the ECP Funds are members of USD and, with ECP and ECP ControlCo, may be deemed to indirectly beneficially own the limited partner interests beneficially owned by USD. F3 · ownership.nature: Following the transactions reported herein, USD Group directly holds 11,557,090 common units representing 43.1% of the common units and 43.1% of the limited partnership interests in the Issuer. USD Holdings is a 45.5% member of USD, and may therefore be deemed to indirectly beneficially own 5,258,476 common units, representing 45.5% of the limited partnership interests held by USD Group. ECP ControlCo, ECP, ECP GP and the ECP Funds collectively hold 49.2% of the membership interest in USD, and may therefore be deemed to indirectly beneficially own 5,686,088 common units, representing 49.2% of the limited partnership interests held by USD Group. Read SEC document |
| February 20, 2020 Filed Feb 24, 2020 22:25 UTC | USD Partners LP USDP · Entity 93812 | ConversionCOMMON UNITS (LIMITED PARTNER INTERESTS) | 2,092,709 | $0.00 | $0.00 |
DisclosureSEC source: 0001610682-20-000027 · wf-form4_158258309999943.xml · nonDerivative · entry 1 USD GROUP LLC · CIK 0001621019 · Director · 10% owner US DEVELOPMENT GROUP, LLC · CIK 0001621021 · Director · 10% owner USD HOLDINGS LLC · CIK 0001621293 · Director · 10% owner ECP ControlCo, LLC · CIK 0001707921 · Director · 10% owner ENERGY CAPITAL PARTNERS III, LLC · CIK 0001621292 · Director · 10% owner Energy Capital Partners GP III, LP · CIK 0001697506 · Director · 10% owner ENERGY CAPITAL PARTNERS III, LP · CIK 0001594546 · 10% owner ENERGY CAPITAL PARTNERS III-A, LP · CIK 0001594547 · Director · 10% owner ENERGY CAPITAL PARTNERS III-B (USD IP), LP · CIK 0001621385 · Director · 10% owner ENERGY CAPITAL PARTNERS III-C (USD IP), LP · CIK 0001621413 · Director · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: Not disclosed Ownership: Indirect · See Footnotes Disclosed balance after: 11,557,090 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · kind: Effective February 20, 2020, pursuant to the terms for the fifth and final subordinated unit tranche as set forth in the Issuer's second amended and restated agreement of limited partnership, 2,092,709 subordinated units representing limited partnership interests in the Issuer held by USD Group LLC ("USD Group") converted on a one-for-one basis into common units representing limited partnership interests in the Issuer. F2 · ownership.nature: US Development Group, LLC (USD) is the parent company of USD Group which is the sole owner of the membership interests of USD Partners GP LLC, the Issuer's general partner. USD manages USD Group. ECP ControlCo, LLC (ECP ControlCo) is the managing member of Energy Capital Partners III, LLC (ECP), which is the general partner of Energy Capital Partners GP III, LP (ECP GP), which is the general partner of each of Energy Capital Partners III, LP (ECP III), Energy Capital Partners III-A, LP (ECP-A), Energy Capital Partners III-B (USD IP), LP (ECP-B), and Energy Capital Partners III-C (USD IP), LP (ECP-C) and together with ECP III,ECP-A and ECP-B, the "ECP Funds". As a result, ECP ControlCo, ECP and ECP GP have voting and investment control over the securities owned by the ECP Funds. USD Holdings, LLC (USD Holdings) and the ECP Funds are members of USD and, with ECP and ECP ControlCo, may be deemed to indirectly beneficially own the limited partner interests beneficially owned by USD. F3 · ownership.nature: Following the transactions reported herein, USD Group directly holds 11,557,090 common units representing 43.1% of the common units and 43.1% of the limited partnership interests in the Issuer. USD Holdings is a 45.5% member of USD, and may therefore be deemed to indirectly beneficially own 5,258,476 common units, representing 45.5% of the limited partnership interests held by USD Group. ECP ControlCo, ECP, ECP GP and the ECP Funds collectively hold 49.2% of the membership interest in USD, and may therefore be deemed to indirectly beneficially own 5,686,088 common units, representing 49.2% of the limited partnership interests held by USD Group. Read SEC document |
| February 20, 2019 Filed Feb 22, 2019 21:28 UTC | USD Partners LP USDP · Entity 93812 | ConversionSUBORDINATED UNITS (LIMITED PARTNER INTERESTS) · Derivative | 2,092,709 | $0.00 | $0.00 |
DisclosureSEC source: 0001610682-19-000031 · wf-form4_155087087015625.xml · derivative · entry 2 USD GROUP LLC · CIK 0001621019 · Director · 10% owner US DEVELOPMENT GROUP, LLC · CIK 0001621021 · Director · 10% owner USD HOLDINGS LLC · CIK 0001621293 · Director · 10% owner ECP ControlCo, LLC · CIK 0001707921 · Director · 10% owner ENERGY CAPITAL PARTNERS III, LLC · CIK 0001621292 · Director · 10% owner Energy Capital Partners GP III, LP · CIK 0001697506 · Director · 10% owner ENERGY CAPITAL PARTNERS III, LP · CIK 0001594546 · 10% owner ENERGY CAPITAL PARTNERS III-A, LP · CIK 0001594547 · Director · 10% owner ENERGY CAPITAL PARTNERS III-B (USD IP), LP · CIK 0001621385 · Director · 10% owner ENERGY CAPITAL PARTNERS III-C (USD IP), LP · CIK 0001621413 · Director · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: Not disclosed Ownership: Indirect · See Footnotes Disclosed balance after: 2,092,709 Underlying: COMMON UNITS · 2,092,709 shares Expires not disclosed Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F4 · derivative.exercise_price: Subordinated units will convert into common units on a one-for-one basis in separate sequential tranches. Each tranche will be comprised of 20.0% of the subordinated units outstanding as of October 15, 2014. A separate tranche will convert on each business day occurring on or after October 1, 2015 (but no more than once in any twelve-month period) subject to certain conditions being met. F4 · derivative.exercise_date: Subordinated units will convert into common units on a one-for-one basis in separate sequential tranches. Each tranche will be comprised of 20.0% of the subordinated units outstanding as of October 15, 2014. A separate tranche will convert on each business day occurring on or after October 1, 2015 (but no more than once in any twelve-month period) subject to certain conditions being met. F4 · derivative.expiration_date: Subordinated units will convert into common units on a one-for-one basis in separate sequential tranches. Each tranche will be comprised of 20.0% of the subordinated units outstanding as of October 15, 2014. A separate tranche will convert on each business day occurring on or after October 1, 2015 (but no more than once in any twelve-month period) subject to certain conditions being met. F2 · ownership.nature: US Development Group, LLC (USD) is the parent company of USD Group LLC (USDG) which is the sole owner of the membership interests of USD Partners GP LLC, the Issuer's general partner. USD manages USDG. ECP ControlCo, LLC (ECP ControlCo) is the managing member of Energy Capital Partners III, LLC (ECP), which is the general partner of Energy Capital Partners GP III, LP (ECP GP), which is the general partner of each of Energy Capital Partners III, LP (ECP III), Energy Capital Partners III-A, LP (ECP-A), Energy Capital Partners III-B (USD IP), LP (ECP-B), and Energy Capital Partners III-C (USD IP), LP (ECP-C) and together with ECP III,ECP-A and ECP-B, the "ECP Funds". As a result, ECP ControlCo, ECP and ECP GP have voting and investment control over the securities owned by the ECP Funds. USD Holdings, LLC (USD Holdings) and the ECP Funds are members of USD and, with ECP and ECP ControlCo, may be deemed to indirectly beneficially own the limited partner interests beneficially owned by USD. F3 · ownership.nature: Following the transactions reported herein, USD Group directly holds 9,464,381 common units and 2,092,709 subordinated units representing 38.9% of the common units and 100% of the subordinated units for a combined 43.7% of the limited partnership interests in the Issuer. USD Holdings is a 45.5% member of USD, and may therefore be deemed to indirectly beneficially own 4,306,293 common units and 952,183 subordinated units, representing 45.5% of the limited partnership interests held by USD Group. ECP ControlCo, ECP, ECP GP and the ECP Funds collectively hold 49.2% of the membership interest in USD, and may therefore be deemed to indirectly beneficially own 4,656,475 common units and 1,029,613 subordinated units, representing 49.2% of the limited partnership interests held by USD Group. Read SEC document |
| February 20, 2019 Filed Feb 22, 2019 21:28 UTC | USD Partners LP USDP · Entity 93812 | ConversionCOMMON UNITS (LIMITED PARTNER INTERESTS) | 2,092,709 | $0.00 | $0.00 |
DisclosureSEC source: 0001610682-19-000031 · wf-form4_155087087015625.xml · nonDerivative · entry 1 USD GROUP LLC · CIK 0001621019 · Director · 10% owner US DEVELOPMENT GROUP, LLC · CIK 0001621021 · Director · 10% owner USD HOLDINGS LLC · CIK 0001621293 · Director · 10% owner ECP ControlCo, LLC · CIK 0001707921 · Director · 10% owner ENERGY CAPITAL PARTNERS III, LLC · CIK 0001621292 · Director · 10% owner Energy Capital Partners GP III, LP · CIK 0001697506 · Director · 10% owner ENERGY CAPITAL PARTNERS III, LP · CIK 0001594546 · 10% owner ENERGY CAPITAL PARTNERS III-A, LP · CIK 0001594547 · Director · 10% owner ENERGY CAPITAL PARTNERS III-B (USD IP), LP · CIK 0001621385 · Director · 10% owner ENERGY CAPITAL PARTNERS III-C (USD IP), LP · CIK 0001621413 · Director · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: Not disclosed Ownership: Indirect · See Footnotes Disclosed balance after: 9,464,381 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · kind: Effective February 20, 2019, pursuant to the terms for the fourth subordinated unit tranche as set forth in the Issuer's second amended and restated agreement of limited partnership, 2,092,709 subordinated units representing limited partnership interests in the Issuer held by USD Group LLC ("USD Group") converted on a one-for-one basis into common units representing limited partnership interests in the Issuer. F2 · ownership.nature: US Development Group, LLC (USD) is the parent company of USD Group LLC (USDG) which is the sole owner of the membership interests of USD Partners GP LLC, the Issuer's general partner. USD manages USDG. ECP ControlCo, LLC (ECP ControlCo) is the managing member of Energy Capital Partners III, LLC (ECP), which is the general partner of Energy Capital Partners GP III, LP (ECP GP), which is the general partner of each of Energy Capital Partners III, LP (ECP III), Energy Capital Partners III-A, LP (ECP-A), Energy Capital Partners III-B (USD IP), LP (ECP-B), and Energy Capital Partners III-C (USD IP), LP (ECP-C) and together with ECP III,ECP-A and ECP-B, the "ECP Funds". As a result, ECP ControlCo, ECP and ECP GP have voting and investment control over the securities owned by the ECP Funds. USD Holdings, LLC (USD Holdings) and the ECP Funds are members of USD and, with ECP and ECP ControlCo, may be deemed to indirectly beneficially own the limited partner interests beneficially owned by USD. F3 · ownership.nature: Following the transactions reported herein, USD Group directly holds 9,464,381 common units and 2,092,709 subordinated units representing 38.9% of the common units and 100% of the subordinated units for a combined 43.7% of the limited partnership interests in the Issuer. USD Holdings is a 45.5% member of USD, and may therefore be deemed to indirectly beneficially own 4,306,293 common units and 952,183 subordinated units, representing 45.5% of the limited partnership interests held by USD Group. ECP ControlCo, ECP, ECP GP and the ECP Funds collectively hold 49.2% of the membership interest in USD, and may therefore be deemed to indirectly beneficially own 4,656,475 common units and 1,029,613 subordinated units, representing 49.2% of the limited partnership interests held by USD Group. Read SEC document |
| February 20, 2018 Filed Feb 22, 2018 23:21 UTC | USD Partners LP USDP · Entity 93812 | ConversionSUBORDINATED UNITS (LIMITED PARTNER INTERESTS) · Derivative | 2,092,709 | $0.00 | $0.00 |
DisclosureSEC source: 0001610682-18-000032 · wf-form4_151934166312723.xml · derivative · entry 2 USD GROUP LLC · CIK 0001621019 · Director · 10% owner US DEVELOPMENT GROUP, LLC · CIK 0001621021 · Director · 10% owner USD HOLDINGS LLC · CIK 0001621293 · Director · 10% owner ECP ControlCo, LLC · CIK 0001707921 · Director · 10% owner ENERGY CAPITAL PARTNERS III, LLC · CIK 0001621292 · Director · 10% owner Energy Capital Partners GP III, LP · CIK 0001697506 · Director · 10% owner ENERGY CAPITAL PARTNERS III-A, LP · CIK 0001594547 · Director · 10% owner ENERGY CAPITAL PARTNERS III-B (USD IP), LP · CIK 0001621385 · Director · 10% owner ENERGY CAPITAL PARTNERS III-C (USD IP), LP · CIK 0001621413 · Director · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: Not disclosed Ownership: Indirect · See Footnotes Disclosed balance after: 4,185,418 Underlying: COMMON UNITS · 2,092,709 shares Expires not disclosed Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F4 · derivative.exercise_price: Subordinated units will convert into common units on a one-for-one basis in separate sequential tranches. Each tranche will be comprised of 20.0% of the subordinated units outstanding as of October 15, 2014. A separate tranche will convert on each business day occurring on or after October 1, 2015 (but no more than once in any twelve-month period) subject to certain conditions being met. F4 · derivative.exercise_date: Subordinated units will convert into common units on a one-for-one basis in separate sequential tranches. Each tranche will be comprised of 20.0% of the subordinated units outstanding as of October 15, 2014. A separate tranche will convert on each business day occurring on or after October 1, 2015 (but no more than once in any twelve-month period) subject to certain conditions being met. F4 · derivative.expiration_date: Subordinated units will convert into common units on a one-for-one basis in separate sequential tranches. Each tranche will be comprised of 20.0% of the subordinated units outstanding as of October 15, 2014. A separate tranche will convert on each business day occurring on or after October 1, 2015 (but no more than once in any twelve-month period) subject to certain conditions being met. F2 · ownership.nature: US Development Group, LLC ("USD") is the parent company of USD Group LLC ("USD Group") which is the sole owner of the membership interests of USD Partners GP LLC, the Issuer's general partner. USD manages USD Group. ECP ControlCo, LLC ("ECP ControlCo") is the managing member of Energy Capital Partners III, LLC ("ECP"), which is the general partner of Energy Capital Partners GP III, LP ("ECP GP"), which is the general partner of each of Energy Capital Partners III-A, LP ("ECP-A"), Energy Capital Partners III-B (USD IP), LP ("ECP-B"), and Energy Capital Partners III-C (USD IP), LP ("ECP-C") and together with ECP-A and ECP-B, the "ECP Funds"). As a result, ECP ControlCo, ECP and ECP GP have voting and investment control over the securities owned by the ECP Funds. USD Holdings, LLC ("USD Holdings") and the ECP Funds are members of USD and, with ECP and ECP ControlCo, may be deemed to indirectly beneficially own the limited partnership interests beneficially owned by USD. F3 · ownership.nature: Following the transactions reported herein, USD Group directly holds 7,371,672 common units and 4,185,418 subordinated units representing 33.8% of the common units and 100% of the subordinated units for a combined 44.3% of the limited partnership interests in the Issuer. USD Holdings is a 45.5% member of USD, and may therefore be deemed to indirectly beneficially own 3,354,111 common units and 1,904,365 subordinated units, representing 45.5% of the limited partnership interests held by USD Group. ECP ControlCo, ECP, ECP GP and the ECP Funds collectively hold 49.2% of the membership interest in USD, and may therefore be deemed to indirectly beneficially own 3.626,863 common units and 2,059,226 subordinated units, representing 49.2% of the limited partnership interests held by USD Group. Read SEC document |
| February 20, 2018 Filed Feb 22, 2018 23:21 UTC | USD Partners LP USDP · Entity 93812 | ConversionCOMMON UNITS (LIMITED PARTNER INTERESTS) | 2,092,709 | $0.00 | $0.00 |
DisclosureSEC source: 0001610682-18-000032 · wf-form4_151934166312723.xml · nonDerivative · entry 1 USD GROUP LLC · CIK 0001621019 · Director · 10% owner US DEVELOPMENT GROUP, LLC · CIK 0001621021 · Director · 10% owner USD HOLDINGS LLC · CIK 0001621293 · Director · 10% owner ECP ControlCo, LLC · CIK 0001707921 · Director · 10% owner ENERGY CAPITAL PARTNERS III, LLC · CIK 0001621292 · Director · 10% owner Energy Capital Partners GP III, LP · CIK 0001697506 · Director · 10% owner ENERGY CAPITAL PARTNERS III-A, LP · CIK 0001594547 · Director · 10% owner ENERGY CAPITAL PARTNERS III-B (USD IP), LP · CIK 0001621385 · Director · 10% owner ENERGY CAPITAL PARTNERS III-C (USD IP), LP · CIK 0001621413 · Director · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: Not disclosed Ownership: Indirect · See Footnotes Disclosed balance after: 7,371,672 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · kind: Effective February 20, 2018, pursuant to the terms for the third subordinated unit tranche as set forth in the Issuer's second amended and restated agreement of limited partnership, 2,092,709 subordinated units representing limited partnership interests in the Issuer held by USD Group LLC ("USD Group") converted on a one-for-one basis into common units representing limited partnership interests in the Issuer. F2 · ownership.nature: US Development Group, LLC ("USD") is the parent company of USD Group LLC ("USD Group") which is the sole owner of the membership interests of USD Partners GP LLC, the Issuer's general partner. USD manages USD Group. ECP ControlCo, LLC ("ECP ControlCo") is the managing member of Energy Capital Partners III, LLC ("ECP"), which is the general partner of Energy Capital Partners GP III, LP ("ECP GP"), which is the general partner of each of Energy Capital Partners III-A, LP ("ECP-A"), Energy Capital Partners III-B (USD IP), LP ("ECP-B"), and Energy Capital Partners III-C (USD IP), LP ("ECP-C") and together with ECP-A and ECP-B, the "ECP Funds"). As a result, ECP ControlCo, ECP and ECP GP have voting and investment control over the securities owned by the ECP Funds. USD Holdings, LLC ("USD Holdings") and the ECP Funds are members of USD and, with ECP and ECP ControlCo, may be deemed to indirectly beneficially own the limited partnership interests beneficially owned by USD. F3 · ownership.nature: Following the transactions reported herein, USD Group directly holds 7,371,672 common units and 4,185,418 subordinated units representing 33.8% of the common units and 100% of the subordinated units for a combined 44.3% of the limited partnership interests in the Issuer. USD Holdings is a 45.5% member of USD, and may therefore be deemed to indirectly beneficially own 3,354,111 common units and 1,904,365 subordinated units, representing 45.5% of the limited partnership interests held by USD Group. ECP ControlCo, ECP, ECP GP and the ECP Funds collectively hold 49.2% of the membership interest in USD, and may therefore be deemed to indirectly beneficially own 3.626,863 common units and 2,059,226 subordinated units, representing 49.2% of the limited partnership interests held by USD Group. Read SEC document |
| February 21, 2017 Filed Feb 21, 2017 17:34 UTC | USD Partners LP USDP · Entity 93812 | ConversionSUBORDINATED UNITS (LIMITED PARTNER INTERESTS) · Derivative | 2,092,709 | $0.00 | $0.00 |
DisclosureSEC source: 0001610682-17-000036 · wf-form4_148771647155333.xml · derivative · entry 2 USD GROUP LLC · CIK 0001621019 · Director · 10% owner US DEVELOPMENT GROUP, LLC · CIK 0001621021 · Director · 10% owner USD HOLDINGS LLC · CIK 0001621293 · Director · 10% owner ENERGY CAPITAL PARTNERS III, LLC · CIK 0001621292 · Director · 10% owner ENERGY CAPITAL PARTNERS III-A, LP · CIK 0001594547 · Director · 10% owner ENERGY CAPITAL PARTNERS III-B (USD IP), LP · CIK 0001621385 · Director · 10% owner ENERGY CAPITAL PARTNERS III-C (USD IP), LP · CIK 0001621413 · Director · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 6,278,127 Underlying: COMMON UNITS · 2,092,709 shares Expires not disclosed Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F4 · derivative.exercise_price: Subordinated units will convert into common units on a one-for-one basis in separate sequential tranches. Each tranche will be comprised of 20.0% of the subordinated units outstanding as of October 15, 2014. A separate tranche will convert on each business day occurring on or after October 1, 2015 (but no more than once in any twelve-month period) subject to certain conditions being met. F4 · price: Subordinated units will convert into common units on a one-for-one basis in separate sequential tranches. Each tranche will be comprised of 20.0% of the subordinated units outstanding as of October 15, 2014. A separate tranche will convert on each business day occurring on or after October 1, 2015 (but no more than once in any twelve-month period) subject to certain conditions being met. F4 · derivative.exercise_date: Subordinated units will convert into common units on a one-for-one basis in separate sequential tranches. Each tranche will be comprised of 20.0% of the subordinated units outstanding as of October 15, 2014. A separate tranche will convert on each business day occurring on or after October 1, 2015 (but no more than once in any twelve-month period) subject to certain conditions being met. F4 · derivative.expiration_date: Subordinated units will convert into common units on a one-for-one basis in separate sequential tranches. Each tranche will be comprised of 20.0% of the subordinated units outstanding as of October 15, 2014. A separate tranche will convert on each business day occurring on or after October 1, 2015 (but no more than once in any twelve-month period) subject to certain conditions being met. F2 · ownership.direct: This Form 4 is filed jointly by USD Group LLC ("USD Group"), US Development Group, LLC ("USD"), USD Holdings, LLC ("USD Holdings"), Energy Capital Partners III,LLC ("ECP"), Energy Capital Partners III-A, LP ("ECP-A"), Energy Capital Partners III-B (USD IP), LP ("ECP-B"), and Energy Capital Partners III-C (USD IP), LP ("ECP-C") and together with ECP-A and ECP-B, the "ECP Funds"). USD Group is the direct holder of the limited partner interests in the Issuer. USD is the parent company of USD Group which is the sole owner of the membership interests of USD Partners GP LLC, the Issuer's general partner (the "General Partner"). USD manages USD Group. ECP is the direct or indirect general partner of each of the ECP Funds and has voting and investment control over the securities owned by the ECP Funds. USD Holdings and ECP Funds are members of USD and, with ECP, may be deemed to indirectly beneficially own the limited partnership interests beneficially owned by USD. F3 · ownership.direct: USD Group directly holds 5,278,963 common units and 6,278,127 subordinated units representing 32.2% of the common units and 100% of the subordinated units for a combined 50.8% of the limited partnership interests in the Issuer. USD Holdings is a 45.5% member of USD, and may therefore be deemed to indirectly beneficially own 2,401,928 common units and 2,856,548 subordinated units, representing 45.5% of the limited partnership interests held by USD Group. ECP and the ECP Funds collectively hold 49.2% of the membership interest in USD, and may therefore be deemed to indirectly beneficially own 2,597,250 common units and 3,088,838 subordinated units, representing 49.2% of the limited partnership interests held by USD Group. Read SEC document |
| February 21, 2017 Filed Feb 21, 2017 17:34 UTC | USD Partners LP USDP · Entity 93812 | ConversionCOMMON UNITS (LIMITED PARTNER INTERESTS) | 2,092,709 | $0.00 | $0.00 |
DisclosureSEC source: 0001610682-17-000036 · wf-form4_148771647155333.xml · nonDerivative · entry 1 USD GROUP LLC · CIK 0001621019 · Director · 10% owner US DEVELOPMENT GROUP, LLC · CIK 0001621021 · Director · 10% owner USD HOLDINGS LLC · CIK 0001621293 · Director · 10% owner ENERGY CAPITAL PARTNERS III, LLC · CIK 0001621292 · Director · 10% owner ENERGY CAPITAL PARTNERS III-A, LP · CIK 0001594547 · Director · 10% owner ENERGY CAPITAL PARTNERS III-B (USD IP), LP · CIK 0001621385 · Director · 10% owner ENERGY CAPITAL PARTNERS III-C (USD IP), LP · CIK 0001621413 · Director · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 5,278,963 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · kind: Effective February 21, 2017, pursuant to the terms for the second subordinated unit tranche as set forth in the Issuer's second amended and restated agreement of limited partnership, 2,092,709 subordinated units representing limited partnership interests in the Issuer held by USD Group LLC ("USD Group") converted on a one-for-one basis into common units representing limited partnership interests in the Issuer. F2 · ownership.direct: This Form 4 is filed jointly by USD Group LLC ("USD Group"), US Development Group, LLC ("USD"), USD Holdings, LLC ("USD Holdings"), Energy Capital Partners III,LLC ("ECP"), Energy Capital Partners III-A, LP ("ECP-A"), Energy Capital Partners III-B (USD IP), LP ("ECP-B"), and Energy Capital Partners III-C (USD IP), LP ("ECP-C") and together with ECP-A and ECP-B, the "ECP Funds"). USD Group is the direct holder of the limited partner interests in the Issuer. USD is the parent company of USD Group which is the sole owner of the membership interests of USD Partners GP LLC, the Issuer's general partner (the "General Partner"). USD manages USD Group. ECP is the direct or indirect general partner of each of the ECP Funds and has voting and investment control over the securities owned by the ECP Funds. USD Holdings and ECP Funds are members of USD and, with ECP, may be deemed to indirectly beneficially own the limited partnership interests beneficially owned by USD. F3 · ownership.direct: USD Group directly holds 5,278,963 common units and 6,278,127 subordinated units representing 32.2% of the common units and 100% of the subordinated units for a combined 50.8% of the limited partnership interests in the Issuer. USD Holdings is a 45.5% member of USD, and may therefore be deemed to indirectly beneficially own 2,401,928 common units and 2,856,548 subordinated units, representing 45.5% of the limited partnership interests held by USD Group. ECP and the ECP Funds collectively hold 49.2% of the membership interest in USD, and may therefore be deemed to indirectly beneficially own 2,597,250 common units and 3,088,838 subordinated units, representing 49.2% of the limited partnership interests held by USD Group. Read SEC document |
Value uses the disclosed total when available, otherwise shares × reported transaction price. It is not an estimate of exercise cash cost or investment performance.