Dial Christopher B. 4

Accession 0001423902-24-000011

CIK 0001423902other

View on SEC.gov Company Profile

Filed

Feb 13, 7:00 PM ET

Accepted

Feb 14, 6:33 PM ET

Size

40.0 KB

Accession

0001423902-24-000011

Insider Transaction Report

Form 4

Period: 2024-02-12

Western Midstream Partners, LPWES

Dial Christopher B.

SVP, GC and Secretary

Transactions

Exercise/Conversion
Common Units representing limited partner interests
2024-02-12+8,921→ 73,666 total
Tax Payment
Common Units representing limited partner interests
2024-02-12$28.50/sh−3,609$102,857→ 70,057 total
Exercise/Conversion
Common Units representing limited partner interests
2024-02-12+5,780→ 75,837 total
Tax Payment
Common Units representing limited partner interests
2024-02-12$28.50/sh−2,275$64,838→ 73,562 total
Exercise/Conversion
Common Units representing limited partner interests
2024-02-12+10,818→ 84,380 total
Tax Payment
Common Units representing limited partner interests
2024-02-12$28.50/sh−4,257$121,325→ 80,123 total
Exercise/Conversion
Common Units representing limited partner interests
2024-02-13+46,383→ 126,506 total
Tax Payment
Common Units representing limited partner interests
2024-02-13$27.89/sh−18,252$509,048→ 108,254 total
Exercise/Conversion
Common Units representing limited partner interests
2024-02-13+40,146→ 148,400 total
Tax Payment
Common Units representing limited partner interests
2024-02-13$27.89/sh−15,798$440,606→ 132,602 total
Exercise/Conversion
2021 Phantom Units
2024-02-12−8,921→ 0 total
→ Common Units representing limited partner interests (8,921 underlying)
Exercise/Conversion
2022 Phantom Units
2024-02-12−5,780→ 5,781 total
→ Common Units representing limited partner interests (5,780 underlying)
Exercise/Conversion
2023 Phantom Units
2024-02-12−10,818→ 21,638 total
Exp: 2026-02-12→ Common Units representing limited partner interests (10,818 underlying)
Exercise/Conversion
2021 Performance Unit - ROA
2024-02-13−46,383→ 0 total
From: 2024-02-12Exp: 2024-02-12→ Common Units representing limited partner interests (46,383 underlying)
Exercise/Conversion
2021 Performance Unit - TUR
2024-02-13−40,146→ 0 total
From: 2024-02-12Exp: 2024-02-12→ Common Units representing limited partner interests (40,146 underlying)
Award
2024 Phantom Units
2024-02-13+44,819→ 44,819 total
Exp: 2027-02-12→ Common Units representing limited partner interests (44,819 underlying)
Award
2024 Performance Unit - ROA
2024-02-13+22,409→ 22,409 total
From: 2027-02-12Exp: 2027-02-12→ Common Units representing limited partner interests (22,409 underlying)
Award
2024 Performance Unit - TUR
2024-02-13+22,409→ 22,409 total
From: 2027-02-12Exp: 2027-02-12→ Common Units representing limited partner interests (22,409 underlying)

Holdings

2023 Performance Unit - ROA
From: 2026-02-12Exp: 2026-02-12→ Common Units representing limited partner interests (16,228 underlying)
16,228
2023 Performance Unit - TUR
From: 2026-02-12Exp: 2026-02-12→ Common Units representing limited partner interests (16,228 underlying)
16,228
2022 Performance Unit - ROA
From: 2025-02-12Exp: 2025-02-12→ Common Units representing limited partner interests (8,671 underlying)
8,671
2022 Performance Unit - TUR
From: 2025-02-12Exp: 2025-02-12→ Common Units representing limited partner interests (8,671 underlying)
8,671

Footnotes (5)

[F1]Each Phantom Unit is the economic equivalent of one WES Common Unit representing limited partnership interests, and upon vesting, will entitle the holder to receive a common unit or, at the discretion of the Board of Directors of the General Partner, cash equal to the Fair Market Value of a Common Unit.
[F2]These Phantom Units vest ratably over a three-year period on February 12th of each year, and will pay distribution equivalent rights in cash on a current basis.
[F3]Each Phantom Unit is the economic equivalent of one WES Common Unit representing limited partnership interests, and upon vesting, entitled to receive a common unit
[F4]The phantom units vest in three annual installments beginning one year after the date of grant, and will pay distribution equivalent rights prior to vesting in the form of WES Common Units.
[F5]Each performance-based unit represents the right to receive, following vesting, between 0% and 200% of one WES Common Unit based upon the achievement of pre-established performance metrics over a 3-year performance period.

Documents

1 file

4
wk-form4_1707953576.xmlPrimary
FORM 4

Issuer

Western Midstream Partners, LP

CIK 0001423902

→

Entity typeother

Related Parties

filerCIK 0001729009

Filing Metadata

Form type: 4
Filed: Feb 13, 7:00 PM ET
Accepted: Feb 14, 6:33 PM ET
Size: 40.0 KB

View on SEC.gov