USA COMPRESSION PARTNERS, LP
|
(Name of Issuer)
|
Common Units
|
(Title of Class of Securities)
|
90290N109
|
(CUSIP Number)
|
H. Steven Walton
|
Frederic Dorwart, Lawyers PLLC
|
124 East Fourth Street
|
Tulsa, Oklahoma 74103
|
(918) 583-9922
|
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications) |
May 18, 2018
|
(Date of Event Which Requires Filing of this Statement)
|
1
|
|
NAMES OF REPORTING PERSON
|
||
|
Argonaut Private Equity, L.L.C.
|
|||
2
|
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
|
||
|
(a) [ ]
|
|||
|
(b) [X]
|
|||
3
|
|
SEC USE ONLY
|
||
|
||||
4
|
|
SOURCE OF FUNDS (SEE INSTRUCTIONS)
|
||
|
OO
|
|||
5
|
|
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
|
||
|
[ ]
|
|||
6
|
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
||
|
Oklahoma
|
|||
|
7
|
|
SOLE VOTING POWER
|
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
|
7,096,927.003
|
||
8
|
|
SHARED VOTING POWER
|
||
|
0
|
|||
9
|
|
SOLE DISPOSITIVE POWER
|
||
|
7,096,927.003
|
|||
10
|
|
SHARED DISPOSITIVE POWER
|
||
|
|
0
|
||
11
|
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
||
|
7,096,927.003
|
|||
12
|
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
|
||
|
[ ]
|
|||
13
|
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
|
||
|
7.89%
|
|||
14
|
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
|
||
|
OO
|
1
|
|
NAMES OF REPORTING PERSON
|
||
|
Don P. Millican
|
|||
2
|
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
|
||
|
(a) [ ]
|
|||
|
(b) [X]
|
|||
3
|
|
SEC USE ONLY
|
||
|
||||
4
|
|
SOURCE OF FUNDS (SEE INSTRUCTIONS)
|
||
|
OO
|
|||
5
|
|
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
|
||
|
[ ]
|
|||
6
|
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
||
|
United States of America
|
|||
|
7
|
|
SOLE VOTING POWER
|
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
|
0
|
||
8
|
|
SHARED VOTING POWER
|
||
|
7,096,927.003
|
|||
9
|
|
SOLE DISPOSITIVE POWER
|
||
|
0
|
|||
10
|
|
SHARED DISPOSITIVE POWER
|
||
|
|
7,096,927.003
|
||
11
|
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
||
|
7,096,927.003
|
|||
12
|
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
|
||
|
[ ]
|
|||
13
|
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
|
||
|
7.89%
|
|||
14
|
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
|
||
|
IN
|
1
|
|
NAMES OF REPORTING PERSON
|
||
|
Frederic Dorwart
|
|||
2
|
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
|
||
|
(a) [ ]
|
|||
|
(b) [X]
|
|||
3
|
|
SEC USE ONLY
|
||
|
||||
4
|
|
SOURCE OF FUNDS (SEE INSTRUCTIONS)
|
||
|
OO
|
|||
5
|
|
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
|
||
|
[ ]
|
|||
6
|
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
||
|
United States of America
|
|||
|
7
|
|
SOLE VOTING POWER
|
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
|
7,425
|
||
8
|
|
SHARED VOTING POWER
|
||
|
7,096,927.003
|
|||
9
|
|
SOLE DISPOSITIVE POWER
|
||
|
7,425
|
|||
10
|
|
SHARED DISPOSITIVE POWER
|
||
|
|
7,096,927.003
|
||
11
|
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
||
|
7,104,352.003
|
|||
12
|
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
|
||
|
[ ]
|
|||
13
|
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
|
||
|
7.90%
|
|||
14
|
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
|
||
|
IN
|
1
|
|
NAMES OF REPORTING PERSON
|
||
|
Ken Kinnear
|
|||
2
|
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
|
||
|
(a) [ ]
|
|||
|
(b) [X]
|
|||
3
|
|
SEC USE ONLY
|
||
|
||||
4
|
|
SOURCE OF FUNDS (SEE INSTRUCTIONS)
|
||
|
OO
|
|||
5
|
|
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
|
||
|
[ ]
|
|||
6
|
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
||
|
United States of America
|
|||
|
7
|
|
SOLE VOTING POWER
|
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
|
2,970
|
||
8
|
|
SHARED VOTING POWER
|
||
|
7,096,927.003
|
|||
9
|
|
SOLE DISPOSITIVE POWER
|
||
|
2,970
|
|||
10
|
|
SHARED DISPOSITIVE POWER
|
||
|
|
7,096,927.003
|
||
11
|
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
||
|
7,099,897.003
|
|||
12
|
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
|
||
|
[ ]
|
|||
13
|
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
|
||
|
7.89%
|
|||
14
|
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
|
||
|
IN
|
1
|
|
NAMES OF REPORTING PERSON
|
||
|
George B. Kaiser
|
|||
2
|
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
|
||
|
(a) [ ]
|
|||
|
(b) [X]
|
|||
3
|
|
SEC USE ONLY
|
||
|
||||
4
|
|
SOURCE OF FUNDS (SEE INSTRUCTIONS)
|
||
|
OO
|
|||
5
|
|
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
|
||
|
[ ]
|
|||
6
|
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
||
|
United States of America
|
|||
|
7
|
|
SOLE VOTING POWER
|
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
|
7,425
|
||
8
|
|
SHARED VOTING POWER
|
||
|
7,096,927.003
|
|||
9
|
|
SOLE DISPOSITIVE POWER
|
||
|
7,425
|
|||
10
|
|
SHARED DISPOSITIVE POWER
|
||
|
|
7,096,927.003
|
||
11
|
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
||
|
7,104,352.003
|
|||
12
|
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
|
||
|
[ ]
|
|||
13
|
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
|
||
|
7.90%
|
|||
14
|
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
|
||
|
IN
|
1
|
|
NAMES OF REPORTING PERSON
|
||
|
Robert Waldo
|
|||
2
|
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
|
||
|
(a) [ ]
|
|||
|
(b) [X]
|
|||
3
|
|
SEC USE ONLY
|
||
|
||||
4
|
|
SOURCE OF FUNDS (SEE INSTRUCTIONS)
|
||
|
OO
|
|||
5
|
|
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
|
||
|
[ ]
|
|||
6
|
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
||
|
United States of America
|
|||
|
7
|
|
SOLE VOTING POWER
|
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
|
12,142.761
|
||
8
|
|
SHARED VOTING POWER
|
||
|
7,096,927.003
|
|||
9
|
|
SOLE DISPOSITIVE POWER
|
||
|
12,142.761
|
|||
10
|
|
SHARED DISPOSITIVE POWER
|
||
|
|
7,096,927.003
|
||
11
|
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
||
|
7,109,069.764
|
|||
12
|
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
|
||
|
[ ]
|
|||
13
|
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
|
||
|
7.90%
|
|||
14
|
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
|
||
|
IN
|
(a) |
This Schedule 13D is jointly filed by (each a “Reporting Person” and collectively, the “Reporting Persons”):
|
· |
Argonaut Private Equity, L.L.C. (“Argonaut”)
|
· |
Don P. Millican (“Mr. Millican”)
|
· |
Frederic Dorwart (“Mr. Dorwart”)
|
· |
Ken Kinnear (“Mr. Kinnear”)
|
· |
George B. Kaiser (“Mr. Kaiser”)
|
· |
Robert Waldo (“Mr. Waldo”)
|
· |
The principal business address of Argonaut is 6733 South Yale Avenue, Tulsa, Oklahoma 74136.
|
· |
The principal business of Argonaut is to engage in the acquisition, retention, holding and divestment of investments.
|
· |
Messrs. Millican, Dorwart, Kinnear, and Waldo are managers of Argonaut.
|
· |
Mr. Millican’s principal occupation is executive officer for certain of Mr. Kaiser-controlled entities, located at 6733 South Yale Avenue, Tulsa, Oklahoma 74136.
|
· |
Mr. Kinnear’s principal occupation is executive officer for certain of Mr. Kaiser-controlled entities, located at 6733 South Yale Avenue, Tulsa, Oklahoma 74136.
|
· |
Mr. Dorwart is an attorney at Frederic Dorwart, Lawyers, PLLC located at 124 East Fourth Street, Tulsa, Oklahoma 74103.
|
· |
Mr. Kaiser is the sole member of Argonaut. The principal occupation for Mr. Kaiser is a private investor. Mr. Kaiser’s principal business address is 6733 South Yale Avenue, Tulsa, Oklahoma 74136.
|
· |
Mr. Waldo’s principal occupation is executive officer for certain of Mr. Kaiser-controlled entities, located at 6733 South Yale Avenue, Tulsa, Oklahoma 74136.
|
· |
As of the date hereof, Argonaut owns 7,096,927.003 Common Units. Argonaut’s consideration for 6,615,766 of the Common Units was the sale of certain assets of S&R Compression, LLC (“S&R”) as described in Item 4, and additional Common Units were acquired pursuant to the Issuer’s Distribution Reinvestment Plan and through open market transactions.
|
· |
As of the date hereof, Mr. Millican owns 0 Common Units. Mr. Millican’s consideration for the Common Units was the sale of certain assets of S&R as described in Item 4.
|
· |
As of the date hereof, Mr. Dorwart owns 7,425 Common Units. Mr. Dorwart’s consideration for the Common Units was the sale of certain assets of S&R as described in Item 4.
|
· |
As of the date hereof, Mr. Kinnear owns 2,970 Common Units. Mr. Kinnear’s consideration for the Common Units was the sale of certain assets of S&R as described in Item 4.
|
· |
As of the date hereof, Mr. Kaiser owns 7,425 Common Units. Mr. Kaiser’s consideration for the Common Units was the sale of certain assets of S&R as described in Item 4.
|
· |
As of the date hereof, Mr. Waldo owns 12,142.761 Common Units. Mr. Waldo’s consideration for 7,425 of the Common Units was the sale of certain assets of S&R as described in Item 4, and additional Common Units were acquired pursuant to the Issuer’s Distribution Reinvestment Plan.
|
Date
|
Quantity
|
Average Price per Unit
(ex. commissions and fees)
|
Total Price
|
05/12/2016
|
11,000
|
18.1
|
199,100.00
|
05/12/2016
|
3,300
|
18.1001
|
59,730.33
|
05/12/2016
|
700
|
18.11
|
12,677.00
|
05/12/2016
|
100
|
18.14
|
1,814.00
|
05/12/2016
|
1,600
|
18.1401
|
29,024.16
|
05/12/2016
|
100
|
18.16
|
1,816.00
|
05/12/2016
|
200
|
18.19
|
3,638.00
|
05/12/2016
|
8,133
|
18.2
|
148,020.60
|
05/12/2016
|
1,200
|
18.2001
|
21,840.12
|
05/12/2016
|
240
|
18.22
|
4,372.80
|
05/12/2016
|
2,500
|
18.23
|
45,575.00
|
05/12/2016
|
200
|
18.24
|
3,648.00
|
05/12/2016
|
4,700
|
18.25
|
85,775.00
|
05/12/2016
|
827
|
18.26
|
15,101.02
|
05/12/2016
|
6,300
|
18.27
|
115,101.00
|
05/12/2016
|
1,200
|
18.2701
|
21,924.12
|
05/12/2016
|
8,300
|
18.28
|
151,724.00
|
05/12/2016
|
4,900
|
18.2801
|
89,572.49
|
05/12/2016
|
2,500
|
18.29
|
45,725.00
|
05/12/2016
|
2,100
|
18.2901
|
38,409.21
|
05/12/2016
|
8,653
|
18.3
|
15,8349.90
|
05/12/2016
|
1,000
|
18.3001
|
18,300.10
|
05/12/2016
|
1,200
|
18.31
|
21,972.00
|
05/12/2016
|
500
|
18.32
|
9,160.00
|
05/12/2016
|
100
|
18.33
|
1,833.00
|
05/12/2016
|
330
|
18.335
|
6,050.55
|
05/12/2016
|
970
|
18.37
|
17,818.90
|
05/12/2016
|
1,300
|
18.3701
|
23,881.13
|
05/12/2016
|
100
|
18.38
|
1,838.00
|
Date
|
Quantity
|
Average Price per Unit
(ex. commissions and fees)
|
Total Price
|
4/12/2018
|
10,000.00
|
17.9421
|
179,216.85
|
4/12/2018
|
10,000.00
|
17.9216
|
179,005.36
|
4/13/2018
|
10,000.00
|
18.1104
|
180,893.31
|
4/13/2018
|
10,000.00
|
18.2051
|
181,846.79
|
4/13/2018
|
6,900.00
|
18.1653
|
125,199.67
|
4/16/2018
|
10,000.00
|
18.3822
|
183,611.25
|
4/16/2018
|
15,000.00
|
18.5949
|
278,617.05
|
4/16/2018
|
14,565.00
|
18.6326
|
271,086.25
|
4/17/2018
|
10,000.00
|
18.5878
|
185,667.20
|
4/17/2018
|
15,000.00
|
18.6904
|
280,049.52
|
4/17/2018
|
8,800.00
|
18.7139
|
164,502.51
|
4/18/2018
|
15,000.00
|
18.8037
|
281,742.48
|
4/18/2018
|
13,051.00
|
18.8147
|
245,283.95
|
4/19/2018
|
8,820.00
|
18.8138
|
165,750.98
|
4/20/2018
|
11,184.00
|
18.9948
|
212,202.75
|
5/7/2018
|
5,417.00
|
18.0109
|
97,447.95
|
5/8/2018
|
3,043.00
|
18.006
|
54,723.63
|
5/9/2018
|
10,000.00
|
18.1763
|
181,552.30
|
5/9/2018
|
15,000.00
|
18.232
|
273,173.68
|
5/9/2018
|
9,043.00
|
18.2799
|
165,120.46
|
5/10/2018
|
18,045.00
|
18.382
|
331,328.12
|
5/11/2018
|
20,000.00
|
18.4563
|
368,717.47
|
5/11/2018
|
20,000.00
|
18.3753
|
367,091.01
|
5/14/2018
|
20,000.00
|
18.7763
|
375,110.82
|
5/14/2018
|
2,059.00
|
18.8395
|
38,748.45
|
5/14/2018
|
2,400.00
|
18.7911
|
45,024.59
|
5/15/2018
|
1,900.00
|
18.6558
|
35,387.20
|
5/15/2018
|
7,568.00
|
18.5776
|
140,434.17
|
5/17/2018
|
300,000.00
|
18.2
|
5,460,000.00
|
5/17/2018
|
1,876.00
|
18.3589
|
34,396.48
|
5/18/2018
|
1,950.00
|
18.3
|
35,639.03
|
5/18/2018
|
12,400.00
|
18.2729
|
226,583.96
|
(d) |
Not Applicable.
|
(e) |
Not Applicable.
|
Exhibit 99.1 |
Joint Filing Agreement
|
Dated: May 25, 2018
|
||
ARGONAUT PRIVATE EQUITY, L.L.C.
|
||
/s/ Frederic Dorwart
|
/s/ Frederic Dorwart
|
|
Frederic Dorwart, Manager
|
FREDERIC DORWART, Individually
|
|
/s/ George B. Kaiser
|
/s/ Ken Kinnear
|
|
GEORGE B. KAISER, Individually
|
KEN KINNEAR, Individually
|
|
/s/ Don P. Millican
|
/s/ Robert Waldo
|
|
DON P. MILLICAN, Individually
|
ROBERT WALDO, Individually
|