Western Midstream Partners, LP·4

Feb 21, 4:04 PM ET

Holderman Daniel P. 4

4 · Western Midstream Partners, LP · Filed Feb 21, 2025

Insider Transaction Report

Form 4
Period: 2025-02-20
Holderman Daniel P.
SVP & Chief Operating Officer
Transactions
  • Award

    2025 Phantom Units

    2025-02-20+30,02630,026 total
    Exp: 2028-02-12Common Units representing limited partner interests (30,026 underlying)
  • Award

    2025 Performance Unit-TUR

    2025-02-20+15,01315,013 total
    From: 2028-02-12Exp: 2028-02-12Common Units representing limited partner interests (15,013 underlying)
  • Award

    2025 Performance Unit-ROA

    2025-02-20+15,01315,013 total
    From: 2028-02-12Exp: 2028-02-12Common Units representing limited partner interests (15,013 underlying)
Holdings
  • 2024 Performance Unit - ROA

    From: 2027-02-12Exp: 2027-02-12Common Units representing limited partner interests (22,409 underlying)
    22,409
  • Common Units representing limited partner interests

    35,748
  • 2023 Performance Unit - TUR

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

    From: 2026-02-12Exp: 2026-02-12Common Units representing limited partner interests (16,228 underlying)
    16,228
  • 2024 Performance Unit - TUR

    From: 2027-02-12Exp: 2027-02-12Common Units representing limited partner interests (22,409 underlying)
    22,409
  • 2023 Phantom Units

    Exp: 2026-02-12Common Units representing limited partner interests (10,819 underlying)
    10,819
  • 2024 Phantom Units

    Exp: 2027-02-12Common Units representing limited partner interests (29,879 underlying)
    29,879
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_1740171881.xmlPrimary

    FORM 4