other material
confidence high
sentiment neutral
materiality 0.40
USD Partners LP increases LTIP unit reserve by 3.5M to 7.15M units
USD Partners LP
- Board approved First Amendment to 2014 LTIP, increasing common unit reserve by 3,500,000 to 7,154,167 units.
- Amendment effective December 14, 2022; no shareholder approval required.
- Partnership to file Form S-8 to register the additional units.
- Amendment covers all awards under the Plan, including restricted units; forfeited units become available again.