Nebreda Alejandro O 4

Accession 0001423902-24-000012

CIK 0001423902other

View on SEC.gov Company Profile

Filed

Feb 13, 7:00 PM ET

Accepted

Feb 14, 6:35 PM ET

Size

27.4 KB

Accession

0001423902-24-000012

Insider Transaction Report

Form 4

Period: 2024-02-12

Western Midstream Partners, LPWES

Nebreda Alejandro O

SVP, Business Services

Transactions

Exercise/Conversion
Common Units representing limited partner interests
2024-02-12+7,142→ 53,718 total
Tax Payment
Common Units representing limited partner interests
2024-02-12$28.50/sh−2,907$82,850→ 50,811 total
Exercise/Conversion
Common Units representing limited partner interests
2024-02-12+11,472→ 62,283 total
Tax Payment
Common Units representing limited partner interests
2024-02-12$28.50/sh−4,515$128,678→ 57,768 total
Exercise/Conversion
Common Units representing limited partner interests
2024-02-12+10,864→ 68,632 total
Tax Payment
Common Units representing limited partner interests
2024-02-12$28.50/sh−4,275$121,838→ 64,357 total
Exercise/Conversion
2021 Phantom Units
2024-02-12−7,142→ 0 total
→ Common Units representing limited partner interests (7,142 underlying)
Exercise/Conversion
2022 Phantom Units
2024-02-12−11,472→ 11,473 total
→ Common Units representing limited partner interests (11,472 underlying)
Exercise/Conversion
2023 Phantom Units
2024-02-12−10,864→ 21,729 total
Exp: 2026-02-12→ Common Units representing limited partner interests (10,864 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 (16,297 underlying)
16,297
2023 Performance Unit - TUR
From: 2026-02-12Exp: 2026-02-12→ Common Units representing limited partner interests (16,297 underlying)
16,297

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_1707953696.xmlPrimary
FORM 4

Issuer

Western Midstream Partners, LP

CIK 0001423902

→

Entity typeother

Related Parties

filerCIK 0001976757

Filing Metadata

Form type: 4
Filed: Feb 13, 7:00 PM ET
Accepted: Feb 14, 6:35 PM ET
Size: 27.4 KB

View on SEC.gov