Home/Filings/4/0001423902-24-000013
4//SEC Filing

Holderman Daniel P. 4

Accession 0001423902-24-000013

CIK 0001423902other

Filed

Feb 13, 7:00 PM ET

Accepted

Feb 14, 6:36 PM ET

Size

22.8 KB

Accession

0001423902-24-000013

Insider Transaction Report

Form 4
Period: 2024-02-12
Holderman Daniel P.
SVP & Chief Operating Officer
Transactions
  • Exercise/Conversion

    Common Units representing limited partner interests

    2024-02-12+7,0549,536 total
  • Tax Payment

    Common Units representing limited partner interests

    2024-02-12$28.50/sh1,832$52,2127,704 total
  • Exercise/Conversion

    Common Units representing limited partner interests

    2024-02-12+10,81818,522 total
  • Tax Payment

    Common Units representing limited partner interests

    2024-02-12$28.50/sh2,635$75,09815,887 total
  • Exercise/Conversion

    2022 Phantom Units

    2024-02-127,0547,055 total
    Common Units representing limited partner interests (7,054 underlying)
  • Exercise/Conversion

    2023 Phantom Units

    2024-02-1210,81821,638 total
    Exp: 2026-02-12Common Units representing limited partner interests (10,818 underlying)
  • Award

    2024 Phantom Units

    2024-02-13+44,81944,819 total
    Exp: 2027-02-12Common Units representing limited partner interests (44,819 underlying)
  • Award

    2024 Performance Unit - ROA

    2024-02-13+22,40922,409 total
    From: 2027-02-12Exp: 2027-02-12Common Units representing limited partner interests (22,409 underlying)
  • Award

    2024 Performance Unit - TUR

    2024-02-13+22,40922,409 total
    From: 2027-02-12Exp: 2027-02-12Common Units representing limited partner interests (22,409 underlying)
Holdings
  • 2023 Performance Unit - ROA

    From: 2026-02-12Exp: 2026-02-12Common Units representing limited partner interests (16,228 underlying)
    16,228
  • 2023 Performance Unit - TUR

    From: 2026-02-12Exp: 2026-02-12Common Units representing limited partner interests (16,228 underlying)
    16,228
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]The Phantom Units vest in three annual installments 20% on February 12, 2023, 40% on February 12, 2024, and 40% on February 12, 2025, and will pay distribution equivalent rights in cash prior to vesting.
  • [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.
  • [F4]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.

Issuer

Western Midstream Partners, LP

CIK 0001423902

Entity typeother

Related Parties

1
  • filerCIK 0001942513

Filing Metadata

Form type
4
Filed
Feb 13, 7:00 PM ET
Accepted
Feb 14, 6:36 PM ET
Size
22.8 KB