Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | WES | Common units representing limited partner interests | Award | $0 | +574 | +1.85% | $0.00 | 31.6K | Feb 14, 2022 | Direct | |
transaction | WES | Common units representing limited partner interests | Tax liability | -$3.74K | -140 | -0.44% | $26.70 | 31.5K | Feb 14, 2022 | Direct |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | WES | Phantom Units | Award | $0 | +17.3K | +118.01% | $0.00 | 32K | Feb 15, 2022 | Common units representing limited partner interests | 17.3K | Direct | F1, F2 | |
transaction | WES | 2022 Performance Unit - TUR | Award | $0 | +8.67K | $0.00 | 8.67K | Feb 15, 2022 | Common units representing limited partner interests | 8.67K | Direct | F3 | ||
transaction | WES | 2022 Performance Unit - ROA | Award | $0 | +8.67K | $0.00 | 8.67K | Feb 15, 2022 | Common units representing limited partner interests | 8.67K | Direct | F3 | ||
holding | WES | Phantom Units | 12.5K | Feb 14, 2022 | Common units representing limited partner interests | 12.5K | Direct | F1, F4 | ||||||
holding | WES | 2021 Performance Unit - TUR | 22K | Feb 14, 2022 | Common units representing limited partner interests | 22K | Direct | F3 | ||||||
holding | WES | 2021 Performance Unit - ROA | 22K | Feb 14, 2022 | Common units representing limited partner interests | 22K | Direct | F3 | ||||||
holding | WES | 2020 Performance Unit - TUR | 10.9K | Feb 14, 2022 | Common units representing limited partner interests | 10.9K | Direct | F3 | ||||||
holding | WES | 2020 Performance Unit - ROA | 10.9K | Feb 14, 2022 | Common units representing limited partner interests | 10.9K | Direct | 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 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. |