Shults Kristen S. 4

Accession 0001423902-24-000009

CIK 0001423902other

View on SEC.gov Company Profile

Filed

Feb 13, 7:00 PM ET

Accepted

Feb 14, 6:29 PM ET

Size

29.9 KB

Accession

0001423902-24-000009

Insider Transaction Report

Form 4

Period: 2024-02-12

Western Midstream Partners, LPWES

Shults Kristen S.

SVP & Chief Financial Officer

Transactions

Exercise/Conversion
Common Units representing limited partner interests
2024-02-12+3,125→ 26,354 total
Tax Payment
Common Units representing limited partner interests
2024-02-12$28.80/sh−1,324$38,131→ 25,030 total
Exercise/Conversion
Common Units representing limited partner interests
2024-02-12+15,511→ 40,541 total
Tax Payment
Common Units representing limited partner interests
2024-02-12$28.80/sh−6,105$175,824→ 34,436 total
Exercise/Conversion
Common Units representing limited partner interests
2024-02-12+10,818→ 45,254 total
Tax Payment
Common Units representing limited partner interests
2024-02-12$28.80/sh−4,257$122,602→ 40,997 total
Exercise/Conversion
2021 Phantom Units
2024-02-12−3,125→ 0 total
→ Common Units representing limited partner interests (3,125 underlying)
Exercise/Conversion
2022 Phantom Units
2024-02-12−15,511→ 15,511 total
→ Common Units representing limited partner interests (15,511 underlying)
Exercise/Conversion
2023 Phantom Units
2024-02-12−10,818→ 21,638 total
Exp: 2026-02-12→ Common Units representing limited partner interests (10,818 underlying)
Award
2024 Phantom Units
2024-02-13+44,819→ 44,819 total
Exp: 2027-02-12→ Common Units representing limited partner interests (44,819 underlying)
Award
2024 Performance Unit - ROA
2024-02-13+22,409→ 22,409 total
From: 2027-02-12Exp: 2027-02-12→ Common Units representing limited partner interests (22,409 underlying)
Award
2024 Performance Unit - TUR
2024-02-13+22,409→ 22,409 total
From: 2027-02-12Exp: 2027-02-12→ Common Units representing limited partner interests (22,409 underlying)

Holdings

2023 Performance Unit - ROA
From: 2026-02-12Exp: 2026-02-12→ Common Units representing limited partner interests (16,228 underlying)
16,228
2023 Performance Unit - TUR
From: 2026-02-12Exp: 2026-02-12→ Common Units representing limited partner interests (16,228 underlying)
16,228
2022 Performance Unit - ROA
From: 2025-02-12Exp: 2025-02-12→ Common Units representing limited partner interests (10,838 underlying)
10,838
2022 Performance Unit - TUR
From: 2025-02-12Exp: 2025-02-12→ Common Units representing limited partner interests (10,838 underlying)
10,838

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

4
wk-form4_1707953364.xmlPrimary
FORM 4

Issuer

Western Midstream Partners, LP

CIK 0001423902

→

Entity typeother

Related Parties

filerCIK 0001925496

Filing Metadata

Form type: 4
Filed: Feb 13, 7:00 PM ET
Accepted: Feb 14, 6:29 PM ET
Size: 29.9 KB

View on SEC.gov