Green Catherine A. 4

Accession 0001423902-25-000010

CIK 0001423902other

Filed

Feb 13, 7:00 PM ET

Accepted

Feb 14, 4:12 PM ET

Size

26.3 KB

Accession

0001423902-25-000010

Form 4

Period: 2025-02-12

SVP & Chief Accounting Officer

Transactions

Exercise/Conversion
2023 Phantom Units
2025-02-12−7,018→ 7,018 total
Exp: 2026-02-12→ Common Units representing limited partner interests (7,018 underlying)
Exercise/Conversion
2024 Phantom Units
2025-02-12−11,952→ 23,903 total
Exp: 2027-02-12→ Common Units representing limited partner interests (11,952 underlying)
Tax Payment
Common Units representing limited partner interests
2025-02-12$39.87/sh−2,762$110,121→ 56,680 total
Tax Payment
Common Units representing limited partner interests
2025-02-12$39.87/sh−1,716$68,417→ 52,424 total
Exercise/Conversion
Common Units representing limited partner interests
2025-02-12+7,018→ 59,442 total
Tax Payment
Common Units representing limited partner interests
2025-02-12$39.87/sh−4,704$187,548→ 63,928 total
Exercise/Conversion
Common Units representing limited partner interests
2025-02-12+4,175→ 54,140 total
Exercise/Conversion
Common Units representing limited partner interests
2025-02-12+11,952→ 68,632 total
Exercise/Conversion
2022 Phantom Units
2025-02-12−4,175→ 0 total
→ Common Units representing limited partner interests (4,175 underlying)

Holdings

2023 Performance Unit - ROA
From: 2026-02-12Exp: 2026-02-12→ Common Units representing limited partner interests (10,526 underlying)
10,526
2024 Performance Unit - TUR
From: 2027-02-12Exp: 2027-02-12→ Common Units representing limited partner interests (17,928 underlying)
17,928
2024 Performance Unit - ROA
From: 2027-02-12Exp: 2027-02-12→ Common Units representing limited partner interests (17,928 underlying)
17,928
2022 Performance Unit - ROA
From: 2025-02-12Exp: 2025-02-12→ Common Units representing limited partner interests (6,262 underlying)
6,262
2022 Performance Unit - TUR
From: 2025-02-12Exp: 2025-02-12→ Common Units representing limited partner interests (6,262 underlying)
6,262
2023 Performance Unit - TUR
From: 2026-02-12Exp: 2026-02-12→ Common Units representing limited partner interests (10,526 underlying)
10,526

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

1 file

Western Midstream Partners, LP

CIK 0001423902

Entity typeother