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
Holderman Daniel P.
SVP & Chief Operating Officer
Transactions
- Exercise/Conversion
Common Units representing limited partner interests
2024-02-12+7,054→ 9,536 total - Tax Payment
Common Units representing limited partner interests
2024-02-12$28.50/sh−1,832$52,212→ 7,704 total - Exercise/Conversion
Common Units representing limited partner interests
2024-02-12+10,818→ 18,522 total - Tax Payment
Common Units representing limited partner interests
2024-02-12$28.50/sh−2,635$75,098→ 15,887 total - Exercise/Conversion
2022 Phantom Units
2024-02-12−7,054→ 7,055 total→ Common Units representing limited partner interests (7,054 underlying) - Exercise/Conversion
2023 Phantom Units
2024-02-12−10,818→ 21,638 totalExp: 2026-02-12→ Common Units representing limited partner interests (10,818 underlying) - Award
2024 Phantom Units
2024-02-13+44,819→ 44,819 totalExp: 2027-02-12→ Common Units representing limited partner interests (44,819 underlying) - Award
2024 Performance Unit - ROA
2024-02-13+22,409→ 22,409 totalFrom: 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 totalFrom: 2027-02-12Exp: 2027-02-12→ Common Units representing limited partner interests (22,409 underlying)
Holdings
- 16,228
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)
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.
Documents
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