Catherine A. Green - 14 Feb 2022 Form 4 Insider Report for Western Midstream Partners, LP (WES)

Role: VP & Chief Accounting Officer
Signature: /s/ Philip C. Neisel, as attorney-in-fact
Issuer symbol: WES
Transactions as of: 14 Feb 2022
Net transactions value: -$1,362
Form type: 4
Filing time: 16 Feb 2022, 16:39:16 UTC
Previous filing: 15 Feb 2022
Next filing: 17 May 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	Award	$0	+211	+1.7%	$0.000000	12,708	14 Feb 2022	Direct
transaction	WES	Common units representing limited partner interests	Tax liability	$1,362	-51	-0.4%	$26.70	12,657	14 Feb 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	Award	$0	+12,524	+149%	$0.000000	20,920	15 Feb 2022	Common units representing limited partner interests	12,524		Direct	F1, F2
transaction	WES	2022 Performance Unit - TUR	Award	$0	+6,262		$0.000000	6,262	15 Feb 2022	Common units representing limited partner interests	6,262		Direct	F3
transaction	WES	2022 Performance Unit - ROA	Award	$0	+6,262		$0.000000	6,262	15 Feb 2022	Common units representing limited partner interests	6,262		Direct	F3
holding	WES	Phantom Units						4,682	14 Feb 2022	Common units representing limited partner interests	4,682		Direct	F1, F4
holding	WES	2021 Performance Unit - TUR						6,297	14 Feb 2022	Common units representing limited partner interests	6,297		Direct	F3
holding	WES	2021 Performance Unit - ROA						6,297	14 Feb 2022	Common units representing limited partner interests	6,297		Direct	F3
holding	WES	2020 Performance Unit - TUR						3,902	14 Feb 2022	Common units representing limited partner interests	3,902		Direct	F3
holding	WES	2020 Performance Unit - ROA						3,902	14 Feb 2022	Common units representing limited partner interests	3,902		Direct	F3

* 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.
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.
F4	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.