Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | WES | Common units representing limited partner interests | Award | $0 | +2.86K | +3.91% | $0.00 | 76K | Nov 12, 2021 | Direct | |
transaction | WES | Common units representing limited partner interests | Disposed to Issuer | -$25.1K | -1.13K | -1.48% | $22.29 | 74.9K | Nov 12, 2021 | Direct |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | WES | Phantom Units | 104K | Nov 12, 2021 | Common units representing limited partner interests | 104K | Direct | F1, F2 | ||||||
holding | WES | Phantom Units | 126K | Nov 12, 2021 | Common units representing limited partner interests | 126K | Direct | F1, F3 |
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. |
F2 | These Phantom Units vest ratably over a three-year period on February 12th of each year, and will pay distribution equivalent rights in the form of WES Common Units on a current basis. |
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. |