Griffie Charles G. 4
4 · Western Midstream Partners, LP · Filed Feb 22, 2021
Insider Transaction Report
Form 4
Griffie Charles G.
SVP, Ops and Engineering
Transactions
- Award
Phantom Units
2021-02-18+25,189→ 25,189 total→ Common units representing limited partner interests (25,189 underlying)
Holdings
- 16,953
Common units representing limited partner interests
- 27,050
Phantom Units
→ Common units representing limited partner interests (27,050 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]These Phantom Units vest ratably over a three-year period on February 12th of each year, and will pay distribution equivalent rights in the form of WES Common Units on a current basis.