Daniel P. Holderman - Aug 29, 2022 Form 4 Insider Report for Western Midstream Partners, LP (WES)

Role: SVP Co-Chief Operating Officer
Signature: /s/ Philip C. Neisel, as attorney-in-fact
Stock symbol: WES
Transactions as of: Aug 29, 2022
Transactions value $: $0
Form type: 4
Date filed: 8/29/2022, 05:20 PM
Next filing: Feb 14, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	WES	Common units representing limited partner interests						0	Aug 29, 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	+17.6K		$0.00	17.6K	Aug 29, 2022	Common units representing limited partner interests	17.6K		Direct	F1, F2

* 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	The Phantom Units vest in three annual installments 20% on February 12, 2023, 40% on February 12, 2024, and 40% on February 12, 2025, and will pay distribution equivalent rights in cash prior to vesting.