Oscar K. Brown - 14 May 2021 Form 4 Insider Report for Western Midstream Partners, LP (WES)

Role: Director
Signature: /s/ Philip C. Neisel, as attorney-in-fact
Issuer symbol: WES
Transactions as of: 14 May 2021
Net transactions value: $0
Form type: 4
Filing time: 18 May 2021, 14:48:18 UTC
Next filing: 15 Feb 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WES	Common units representing limited partner interests	Options Exercise	$0	+7,803	+542%	$0.000000	9,243	14 May 2021	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	WES	Phantom Units	Options Exercise	$0	-7,803	-100%	$0.000000^*	0	14 May 2021	Common units representing limited partner interests	7,803		Direct	F1
holding	WES	Phantom Units						7,872	14 May 2021	Common units representing limited partner interests	7,872		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
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.