Brown Oscar K 4
4 · Western Midstream Partners, LP · Filed Feb 21, 2025
Insider Transaction Report
Form 4
Brown Oscar K
DirectorPresident & CEO
Transactions
- Award
2025 Performance Unit-TUR
2025-02-20+36,032→ 36,032 totalFrom: 2028-02-12Exp: 2028-02-12→ Common Units representing limited partner interests (36,032 underlying) - Award
2025 Phantom Units
2025-02-20+72,063→ 72,063 totalExp: 2028-02-12→ Common Units representing limited partner interests (72,063 underlying) - Award
2025 Performance Unit-ROA
2025-02-20+36,032→ 36,032 totalFrom: 2028-02-12Exp: 2028-02-12→ Common Units representing limited partner interests (36,032 underlying)
Holdings
- 157,978
2024 Phantom Units
Exp: 2027-10-28→ Common Units representing limited partner interests (157,978 underlying) - 39,990
Common Units representing limited partner interests
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]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.
- [F4]These Phantom Units vest ratably over a three-year period on October 28th each year, and will pay distribution equivalent rights in cash on a current basis.