David J. Schulte - Feb 12, 2023 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, 2023
Transactions value $
$0
Form type
4
Date filed
2/14/2023, 06:22 PM
Previous filing
May 31, 2022
Next filing
Mar 17, 2023

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 +5.59K +28.58% $0.00 25.1K Feb 12, 2023 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 -5.59K -100% $0.00* 0 Feb 12, 2023 Common Units representing limited partner interests 5.59K Direct F1
transaction WES Phantom Units Award $0 +5.09K $0.00 5.09K Feb 14, 2023 Common Units representing limited partner interests 5.09K 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.