David J. Schulte - Feb 12, 2022 Form 4 Insider Report for Western Midstream Partners, LP (WES)

Role
Director
Signature
/s/ Philip C. Neisel, as attorney-in-fact
Stock symbol
WES
Transactions as of
Feb 12, 2022
Transactions value $
$0
Form type
4
Date filed
2/15/2022, 04:53 PM
Previous filing
Nov 16, 2021
Next filing
May 31, 2022

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 +7.87K +67.39% $0.00 19.6K Feb 12, 2022 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 -7.87K -100% $0.00* 0 Feb 12, 2022 Common units representing limited partner interests 7.87K Direct F1
transaction WES Phantom Units Award $0 +5.59K $0.00 5.59K Feb 15, 2022 Common units representing limited partner interests 5.59K 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.