David J. Schulte - Feb 27, 2024 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 27, 2024
Transactions value $: $27,392
Form type: 4
Date filed: 2/29/2024, 04:03 PM
Previous filing: Mar 15, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WES	Common Units representing limited partner interests	Purchase	$27.4K	+800	+2.65%	$34.24	31K	Feb 27, 2024	Direct	F1

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
holding	WES	Phantom Units						5.2K	Feb 27, 2024	Common Units representing limited partner interests	5.2K		Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. The units were purchased in multiple transactions at prices ranging from $34.05 to $34.45, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of units purchased at each separate price within the range set forth in this footnote.
F2	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.

Content

The price reported in Column 4 is a weighted average price. The units were purchased in multiple transactions at prices ranging from $34.05 to $34.45, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of units purchased at each separate price within the range set forth in this footnote.

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.