Dial Christopher B. 4
4 · Western Midstream Partners, LP · Filed Feb 21, 2025
Insider Transaction Report
Form 4
Dial Christopher B.
SVP, GC and Secretary
Transactions
- Exercise/Conversion
2022 Performance Unit - TUR
2025-02-20−13,007→ 0 totalFrom: 2025-02-12Exp: 2025-02-12→ Common Units representing limited partner interests (13,007 underlying) - Exercise/Conversion
Common Units representing limited partner interests
2025-02-20+13,007→ 164,690 total - Exercise/Conversion
Common Units representing limited partner interests
2025-02-20+16,189→ 175,760 total - Award
2025 Phantom Units
2025-02-20+30,026→ 30,026 totalExp: 2028-02-12→ Common Units representing limited partner interests (30,026 underlying) - Award
2025 Performance Unit-ROA
2025-02-20+15,013→ 15,013 totalFrom: 2028-02-12Exp: 2028-02-12→ Common Units representing limited partner interests (15,013 underlying) - Award
2025 Performance Unit-TUR
2025-02-20+15,013→ 15,013 totalFrom: 2028-02-12Exp: 2028-02-12→ Common Units representing limited partner interests (15,013 underlying) - Tax Payment
Common Units representing limited partner interests
2025-02-20$41.63/sh−5,119$213,104→ 159,571 total - Tax Payment
Common Units representing limited partner interests
2025-02-20$41.63/sh−6,371$265,225→ 169,389 total - Exercise/Conversion
2022 Performance Unit - ROA
2025-02-20−16,189→ 0 totalFrom: 2025-02-12Exp: 2025-02-12→ Common Units representing limited partner interests (16,189 underlying)
Holdings
- 22,409
2024 Performance Unit - TUR
From: 2027-02-12Exp: 2027-02-12→ Common Units representing limited partner interests (22,409 underlying) - 10,819
2023 Phantom Units
Exp: 2026-02-12→ Common Units representing limited partner interests (10,819 underlying) - 29,879
2024 Phantom Units
Exp: 2027-02-12→ Common Units representing limited partner interests (29,879 underlying) - 16,228
2023 Performance Unit - ROA
From: 2026-02-12Exp: 2026-02-12→ Common Units representing limited partner interests (16,228 underlying) - 22,409
2024 Performance Unit - ROA
From: 2027-02-12Exp: 2027-02-12→ Common Units representing limited partner interests (22,409 underlying) - 16,228
2023 Performance Unit - TUR
From: 2026-02-12Exp: 2026-02-12→ Common Units representing limited partner interests (16,228 underlying)
Footnotes (3)
- [F1]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.
- [F2]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.
- [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.