Collins Craig W 4
4 · Western Midstream Partners, LP · Filed Feb 16, 2022
Insider Transaction Report
Form 4
Collins Craig W
SVP & Chief Operating Officer
Transactions
- Tax Payment
Common units representing limited partner interests
2022-02-14$26.70/sh−406$10,840→ 73,853 total - Award
2022 Performance Unit - ROA
2022-02-15+16,378→ 16,378 totalFrom: 2025-02-12Exp: 2025-02-12→ Common units representing limited partner interests (16,378 underlying) - Award
Common units representing limited partner interests
2022-02-14+1,031→ 74,259 total - Award
2022 Performance Unit - TUR
2022-02-15+16,378→ 16,378 totalFrom: 2025-02-12Exp: 2025-02-12→ Common units representing limited partner interests (16,378 underlying) - Award
Phantom Units
2022-02-15+32,755→ 64,241 total→ Common units representing limited partner interests (32,755 underlying)
Holdings
- 21,848
Phantom Units
→ Common units representing limited partner interests (21,848 underlying) - 47,230
2021 Performance Unit - TUR
From: 2024-02-18Exp: 2024-02-18→ Common units representing limited partner interests (47,230 underlying) - 20,288
2020 Performance Unit - TUR
From: 2023-02-12Exp: 2023-02-12→ Common units representing limited partner interests (20,288 underlying) - 47,230
2021 Performance Unit - ROA
From: 2024-02-18Exp: 2024-02-18→ Common units representing limited partner interests (47,230 underlying) - 20,288
2020 Performance Unit - ROA
From: 2023-02-12Exp: 2023-02-12→ Common units representing limited partner interests (20,288 underlying)
Footnotes (4)
- [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.
- [F4]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.