4//SEC Filing
Ure Michael 4
Accession 0001423902-24-000028
CIK 0001423902other
Filed
Feb 29, 7:00 PM ET
Accepted
Mar 1, 4:29 PM ET
Size
16.9 KB
Accession
0001423902-24-000028
Insider Transaction Report
Form 4
Ure Michael
DirectorPresident & CEO
Transactions
- Purchase
Common Units representing limited partner interests
2024-03-01$33.65/sh+5,000$168,250→ 561,404 total
Holdings
- 28,902
2022 Phantom Units
→ Common Units representing limited partner interests (28,902 underlying) - 70,176
2023 Phantom Units
Exp: 2026-02-12→ Common Units representing limited partner interests (70,176 underlying) - 150,592
2024 Phantom Units
Exp: 2027-02-12→ Common Units representing limited partner interests (150,592 underlying) - 43,353
2022 Performance Unit - TUR
From: 2025-02-12Exp: 2025-02-12→ Common Units representing limited partner interests (43,353 underlying) - 43,353
2022 Performance Unit - ROA
From: 2025-02-12Exp: 2025-02-12→ Common Units representing limited partner interests (43,353 underlying) - 52,632
2023 Performance Unit - ROA
From: 2026-02-12Exp: 2026-02-12→ Common Units representing limited partner interests (52,632 underlying) - 52,632
2023 Performance Unit - TUR
From: 2026-02-12Exp: 2026-02-12→ Common Units representing limited partner interests (52,632 underlying) - 75,296
2024 Performance Unit - ROA
From: 2027-02-12Exp: 2027-02-12→ Common Units representing limited partner interests (75,296 underlying) - 75,296
2024 Performance Unit - TUR
From: 2027-02-12Exp: 2027-02-12→ Common Units representing limited partner interests (75,296 underlying)
Footnotes (3)
- [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 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
Issuer
Western Midstream Partners, LP
CIK 0001423902
Entity typeother
Related Parties
1- filerCIK 0001785307
Filing Metadata
- Form type
- 4
- Filed
- Feb 29, 7:00 PM ET
- Accepted
- Mar 1, 4:29 PM ET
- Size
- 16.9 KB