Michael Ure - May 20, 2024 Form 4 Insider Report for Western Midstream Partners, LP (WES)

Role
President & CEO, Director
Signature
/s/ Philip C. Neisel, as attorney-in-fact
Stock symbol
WES
Transactions as of
May 20, 2024
Transactions value $
$0
Form type
4
Date filed
5/20/2024, 04:28 PM
Previous filing
Mar 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WES Common Units representing limited partner interests Gift $0 -22K -3.92% $0.00 539K May 20, 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 2022 Phantom Units 28.9K May 20, 2024 Common Units representing limited partner interests 28.9K Direct F2, F3
holding WES 2022 Performance Unit - TUR 43.4K May 20, 2024 Common Units representing limited partner interests 43.4K Direct F4
holding WES 2022 Performance Unit - ROA 43.4K May 20, 2024 Common Units representing limited partner interests 43.4K Direct F4
holding WES 2023 Phantom Units 70.2K May 20, 2024 Common Units representing limited partner interests 70.2K Direct F2, F3
holding WES 2023 Performance Unit - TUR 52.6K May 20, 2024 Common Units representing limited partner interests 52.6K Direct F4
holding WES 2023 Performance Unit - ROA 52.6K May 20, 2024 Common Units representing limited partner interests 52.6K Direct F4
holding WES 2024 Phantom Units 151K May 20, 2024 Common Units representing limited partner interests 151K Direct F2, F3
holding WES 2024 Performance Unit - TUR 75.3K May 20, 2024 Common Units representing limited partner interests 75.3K Direct F4
holding WES 2024 Performance Unit - ROA 75.3K May 20, 2024 Common Units representing limited partner interests 75.3K Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Units transferred in connection with a donation to a charitable institution.
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.
F3 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.
F4 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.