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FORM 3 OMB APPROVAL
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OMB Number: 3235-0104
Expires: December 31, 2001
Estimated average burden
. hours per response 0.5
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U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(f) of the Investment Company Act of 1940
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(Print or Type Responses)
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1. Name and Address of Reporting Person*
Castle, John K.
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(Last) (First) (Middle)
c/o Castle Harlan, Inc.
150 E. 58th Street
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(Street)
New York NY 10155
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(City) (State) (Zip)
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2. Date of Event Requiring Statement (Month/Day/Year)
05/23/00
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3. IRS Identification Number of Reporting Person, if an entity (Voluntary)
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4. Issuer Name and Ticker or Trading Symbol
Universal Compression Holdings, Inc. (UCO)
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5. Relationship of Reporting Person to Issuer (Check all applicable)
[ x ] Director
[ ] 10% Owner
[ ] Officer (give title Below)
[ x ] Other (Specify below)(1)
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6. If Amendment, Date of Original (Month/Day/Year)
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7. Individual or Joint/Group Filing (Check applicable line)
[ x ] Form filed by One Reporting Person
[ ] Form filed by More than One Reporting Person
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<TABLE>
<CAPTION>
Table I--Non-Derivative Securities Beneficially Owned
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1. Title of Security 2. Amount of 3. Ownership 4. Nature of Indirect
(Instr. 4) Securities Form: Beneficial
Beneficially Direct (D) Ownership
Owned or Indirect (Instr. 5)
(Instr. 4) (I) (Instr. 5)
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<S> <C> <C> <C>
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Common Stock, par value
$.01 per share
("Common Stock") 3,064,565 I (1)
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*If the Form is filed by more than one Reporting Person, see instruction 5(b)(v). Page 1
Potential persons who are to respond to the collection of information contained in this form are not
required to respond unless the form displays a currently valid OMB control number.
</TABLE>
<PAGE>
FORM 3 (continued)
<TABLE>
<CAPTION>
Table II--Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivative Security 2. Date Exercisable and 3. Title and Amount 4. Conversion or 5. Ownership Form of 6. Nature of
(Instr. 4) Expiration Date of Securities Exercise Price Derivative Indirect
(Month/Day/Year) Underlying of Derivative Security: Beneficial
----------------------- Derivative Security Direct (D) Ownership
Date Expiration Security or Indirect (Instr. 5)
Exercisable Date (Instr. 4) (I) (Instr. 5)
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Title Amount or
Number of
Shares
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<S> <C> <C> <C> <C> <C> <C> <C>
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No Derivative Securities Owned
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</TABLE>
Explanation of Responses:
(1) The Reporting Person is the controlling stockholder of Castle Harlan
Partners III, G.P., Inc. ("CHP GP"), the general partner of Castle Harlan
Associates III, L.P. ("CH Associates"). CH Associates is the
general partner of Castle Harlan Partners III, L.P. ("CHP III") which
directly owns 2,936,718 shares of Common Stock (after giving effect to the
IPO). The Reporting Person is also the controlling stockholder of Castle
Harlan, Inc. ("CHI"), the investment manager of CHP III. CHP III and
related investment funds own directly 3,064,565 shares of Common Stock
(after giving effect to the IPO).
The Reporting Person is also the sole trustee under the Voting Trust
Agreements, dated as of February 20, 1998 and December 1, 1998, to which an
aggregate 295,620 shares of Common Stock of the Issuer are subject (after
giving effect to the IPO), all of which shares are voted by the Reporting
Person.
CHP III controls the voting of an additional 2,174,529 shares of Common Stock
(after giving effect to the IPO) pursuant to the Voting Agreement, dated as of
February 20, 1998, as amended, among CHP III, the Issuer, Mellon Bank, N.A.,
as Trustee for the Bell Atlantic Master Trust, First Union Capital Partners,
Inc., DB Capital Partners SBIC, L.P. (f/k/a BT Capital Partners, Inc.),
Wilmington Trust, as Trustee for the Du Pont Pension Trust and Brown
University Third Century Fund.
All of the foregoing shares of Common Stock may be deemed to be beneficially
owned by the Reporting Person. Only the number of shares of Common Stock
(after giving effect to the IPO), held directly by CHI, CHP GP and CH
Associates, CHP III and related funds are reported herein. The Reporting
Person disclaims beneficial ownership of the Issuer's securities reported
herein for purposes of Section 16(a) under the Securities Exchange Act of
1934, as amended, or otherwise, except as to securities representing the
Reporting Person's pro rata interest in, and interest in the profits of, CHI,
CHP GP and CH Associates, and CHP III and its affiliates.
John K. Castle
/s/ John K. Castle 5/23/00
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**Signature of Reporting Person Date
**Intentional misstatements or omissions of facts constitute Federal Criminal
Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space provided is insufficient, See Instruction 6 for procedure.
Potential persons who are to respond to the collection of information
contained in this form are not required to respond unless the form
displays a currently valid OMB control number.
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