Forsyth Michael S. 4

4 · Western Midstream Partners, LP · Filed Feb 14, 2024

Insider Transaction Report

Form 4

Period: 2024-02-12

Western Midstream Partners, LPWES

Forsyth Michael S.

SVP, North Operations

Transactions

Exercise/Conversion
Common Units representing limited partner interests
2024-02-12+3,214→ 19,441 total
Exercise/Conversion
Common Units representing limited partner interests
2024-02-12+2,789→ 20,847 total
Exercise/Conversion
Common Units representing limited partner interests
2024-02-12+10,818→ 30,569 total
Tax Payment
Common Units representing limited partner interests
2024-02-12$28.50/sh−4,257$121,325→ 26,312 total
Exercise/Conversion
2021 Phantom Units
2024-02-12−3,214→ 0 total
→ Common Units representing limited partner interests (3,214 underlying)
Exercise/Conversion
2022 Phantom Units
2024-02-12−2,789→ 2,789 total
Exercise: $0.00→ Common Units representing limited partner interests (2,789 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)
Tax Payment
Common Units representing limited partner interests
2024-02-12$28.50/sh−1,383$39,416→ 18,058 total
Tax Payment
Common Units representing limited partner interests
2024-02-12$28.50/sh−1,096$31,236→ 19,751 total

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

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_1707953884.xmlPrimary
FORM 4