USA Compression Partners, LP (NYSE:USAC) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

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USA Compression Partners, LP (NYSE:USAC) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
ITEM 5.02. DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.

On October11, 2017, director John D. Chandler announced to the Board of Directors (the “GP Board”) of USA Compression GP, LLC (the “General Partner”), the general partner of USA Compression Partners, LP (the “Partnership”), his intent to resign from the GP Board effective October15, 2017, and the GP Board accepted his resignation effective as of such date. Mr.Chandler’s resignation is for personal reasons as he has accepted a position with another publically traded company and does not arise from any disagreement with the General Partner, its management or its Board of Directors on any matter relating to the General Partner’s, or the Partnership’s, operations, policies or practices, the general direction of the General Partner or the Partnership, or Mr.Chandler’s role on the Board of Directors.

On October13, 2017, the Board of Managers of USA Compression Holdings, LLC (the “Holdings Board”), as sole member of the General Partner, appointed Jerry L. Peters to serve as a director on the GP Board to fill the vacancy created by Mr.Chandler’s resignation, effective October16, 2017. As Mr.Chandler served as the chairman of the Audit Committee, Mr.Peters was appointed by the GP Board to the Audit Committee of the GP Board (the “Audit Committee”) and to serve as the chairman of the Audit Committee. Mr.Peters qualifies as an independent director under the rulesof the Securities and Exchange Commission and the New York Stock Exchange, and also qualifies as the audit committee financial expert. There are no arrangements or understandings between Mr.Peters and any other persons to which he will serve as a director. There are no relationships between Mr.Peters and the General Partner or any related person of the General Partner that would require disclosure to Item 404(a)of Regulation S-K.

In connection with Mr.Peters’ appointment to the GP Board, he is eligible to receive phantom unit grants under the USA Compression Partners, LP, 2013 Long-Term Incentive Plan. Mr.Peters will receive (i)an annual cash retainer of $75,000 for his services on the GP Board, (ii)an additional annual retainer of $15,000 for service as the chair of any standing committee, and (iii)meeting attendance fees of $2,000 per meeting attended.

On October13, 2017, the Holdings Board also appointed Michael A. Wichterich to serve as a director on the GP Board to fill the vacancy created by Andrew W. Ward’s resignation on October5, 2016, effective October16, 2017. There are no arrangements or understandings between Mr.Wichterich and any other persons to which he will serve as a director. There are no relationships between Mr.Wichterich and the General Partner or any related person of the General Partner that would require disclosure to Item 404(a)of Regulation S-K.

Mr.Wichterich will not receive any compensation from us for his service as director of the GP Board.


About USA Compression Partners, LP (NYSE:USAC)

USA Compression Partners, LP is an independent provider of compression services in the United States. The Company provides compression services to its customers primarily in connection with infrastructure applications, including both allowing for the processing and transportation of natural gas through the domestic pipeline system and managing crude oil production through artificial lift processes. The Company’s segment is the compression services business. The Company’s compression services play a role in the production, processing and transportation of both natural gas and crude oil. It provides compression services in various shale plays across the United States, including the Utica, Marcellus, Permian Basin, Mississippi Lime, Granite Wash, Woodford, Barnett, Haynesville, Niobrara and Fayetteville shales. Its business focuses primarily on compression services serving infrastructure installations, including centralized natural gas gathering systems and processing facilities.