Green Catherine A. 4

Accession 0001423902-25-000019

CIK 0001423902other

Filed

Feb 20, 7:00 PM ET

Accepted

Feb 21, 4:08 PM ET

Size

27.6 KB

Accession

0001423902-25-000019

Form 4

Period: 2025-02-20

SVP & Chief Accounting Officer

Transactions

Award
2025 Performance Unit-TUR
2025-02-20+12,011→ 12,011 total
From: 2028-02-12Exp: 2028-02-12→ Common Units representing limited partner interests (12,011 underlying)
Award
2025 Phantom Units
2025-02-20+24,021→ 24,021 total
Exp: 2028-02-12→ Common Units representing limited partner interests (24,021 underlying)
Exercise/Conversion
Common Units representing limited partner interests
2025-02-20+11,692→ 81,316 total
Tax Payment
Common Units representing limited partner interests
2025-02-20$41.63/sh−4,601$191,540→ 76,715 total
Exercise/Conversion
Common Units representing limited partner interests
2025-02-20+9,393→ 73,321 total
Exercise/Conversion
2022 Performance Unit - TUR
2025-02-20−9,393→ 0 total
From: 2025-02-12Exp: 2025-02-12→ Common Units representing limited partner interests (9,393 underlying)
Tax Payment
Common Units representing limited partner interests
2025-02-20$41.63/sh−3,697$153,906→ 69,624 total
Exercise/Conversion
2022 Performance Unit - ROA
2025-02-20−11,692→ 0 total
From: 2025-02-12Exp: 2025-02-12→ Common Units representing limited partner interests (11,692 underlying)
Award
2025 Performance Unit-ROA
2025-02-20+12,011→ 12,011 total
From: 2028-02-12Exp: 2028-02-12→ Common Units representing limited partner interests (12,011 underlying)

Holdings

2024 Phantom Units
Exp: 2027-02-12→ Common Units representing limited partner interests (23,903 underlying)
23,903
2024 Performance Unit - ROA
From: 2027-02-12Exp: 2027-02-12→ Common Units representing limited partner interests (17,928 underlying)
17,928
2024 Performance Unit - TUR
From: 2027-02-12Exp: 2027-02-12→ Common Units representing limited partner interests (17,928 underlying)
17,928
2023 Phantom Units
Exp: 2026-02-12→ Common Units representing limited partner interests (7,018 underlying)
7,018
2023 Performance Unit - ROA
From: 2026-02-12Exp: 2026-02-12→ Common Units representing limited partner interests (10,526 underlying)
10,526
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 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.
[F2]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.
[F3]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.

Documents

1 file

Western Midstream Partners, LP

CIK 0001423902

Entity typeother