Catherine A. Green - 20 Feb 2025 Form 4 Insider Report for Western Midstream Partners, LP (WES)

Role
SVP & Chief Accounting Officer
Signature
/s/ Philip C. Neisel, as attorney-in-fact
Issuer symbol
WES
Transactions as of
20 Feb 2025
Net transactions value
-$345,446
Form type
4
Filing time
21 Feb 2025, 16:08:32 UTC
Previous filing
14 Feb 2025
Next filing
13 Feb 2026
SEC
View on sec.gov

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 +9,393 +15% $0.000000 73,321 20 Feb 2025 Direct
transaction WES Common Units representing limited partner interests Tax liability $153,906 -3,697 -5% $41.63 69,624 20 Feb 2025 Direct
transaction WES Common Units representing limited partner interests Options Exercise $0 +11,692 +17% $0.000000 81,316 20 Feb 2025 Direct
transaction WES Common Units representing limited partner interests Tax liability $191,540 -4,601 -5.7% $41.63 76,715 20 Feb 2025 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 2022 Performance Unit - TUR Options Exercise $0 -9,393 -100% $0.000000 0 20 Feb 2025 Common Units representing limited partner interests 9,393 Direct F1
transaction WES 2022 Performance Unit - ROA Options Exercise $0 -11,692 -100% $0.000000 0 20 Feb 2025 Common Units representing limited partner interests 11,692 Direct F1
transaction WES 2025 Phantom Units Award $0 +24,021 $0.000000 24,021 20 Feb 2025 Common Units representing limited partner interests 24,021 Direct F2, F3
transaction WES 2025 Performance Unit-TUR Award $0 +12,011 $0.000000 12,011 20 Feb 2025 Common Units representing limited partner interests 12,011 Direct F1
transaction WES 2025 Performance Unit-ROA Award $0 +12,011 $0.000000 12,011 20 Feb 2025 Common Units representing limited partner interests 12,011 Direct F1
holding WES 2023 Phantom Units 7,018 20 Feb 2025 Common Units representing limited partner interests 7,018 Direct F2, F3
holding WES 2023 Performance Unit - TUR 10,526 20 Feb 2025 Common Units representing limited partner interests 10,526 Direct F1
holding WES 2023 Performance Unit - ROA 10,526 20 Feb 2025 Common Units representing limited partner interests 10,526 Direct F1
holding WES 2024 Phantom Units 23,903 20 Feb 2025 Common Units representing limited partner interests 23,903 Direct F2, F3
holding WES 2024 Performance Unit - TUR 17,928 20 Feb 2025 Common Units representing limited partner interests 17,928 Direct F1
holding WES 2024 Performance Unit - ROA 17,928 20 Feb 2025 Common Units representing limited partner interests 17,928 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
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.