Key facts
- This page summarizes Robert W. Bourne's Form 4 filing for Western Midstream Partners, LP (WES).
- 1 reported transaction and 9 derivative rows are listed below.
- Accepted by SEC: 16 May 2024, 16:02.
Robert W. Bourne - 15 May 2024 Form 4 Insider Report for Western Midstream Partners, LP (WES)
- Reporting relationship
- SVP & Chief Commercial Officer
- Issuer ticker
- WES
- Reported as of
- 15 May 2024
- Net transaction value
- +$50,430
- SEC form
- 4
- Accepted by SEC
- 16 May 2024, 16:02:04 UTC
- Prior SEC filing
- 14 Feb 2024
- Next SEC filing
- 14 Feb 2025
- Source filing
- View source filing
- Reporting owner signature
- /s/ Philip C. Neisel, as attorney-in-fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Robert W. Bourne filed Form 4 for Western Midstream Partners, LP (WES) on 16 May 2024.
Change
- Previous filing in this sequence was filed on 14 Feb 2024.
- Current net transaction value: +$50,430.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
WES
transaction
Common Units representing limited partner interests
Purchase
- Transaction value
- $50,430
- Shares
- +1,354
- Change %
- +1%
- Price
- $37.25
- Shares after
- 130,625
- Date
- 15 May 2024
- Ownership
- Direct
- Footnotes
- F1
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
WES
holding
Derivative
2022 Phantom Units
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 5,781
- Date
- 15 May 2024
- Ownership
- Direct
- Underlying class
- Common Units representing limited partner interests
- Underlying amount
- 5,781
- Exercise price
- Footnotes
- F2, F3
WES
holding
Derivative
2022 Performance Unit - ROA
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 8,671
- Date
- 15 May 2024
- Ownership
- Direct
- Underlying class
- Common Units representing limited partner interests
- Underlying amount
- 8,671
- Exercise price
- Footnotes
- F4
WES
holding
Derivative
2022 Performance Unit - TUR
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 8,671
- Date
- 15 May 2024
- Ownership
- Direct
- Underlying class
- Common Units representing limited partner interests
- Underlying amount
- 8,671
- Exercise price
- Footnotes
- F4
WES
holding
Derivative
2023 Phantom Units
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 21,638
- Date
- 15 May 2024
- Ownership
- Direct
- Underlying class
- Common Units representing limited partner interests
- Underlying amount
- 21,638
- Exercise price
- Footnotes
- F5, F6
WES
holding
Derivative
2023 Performance Unit - ROA
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 16,228
- Date
- 15 May 2024
- Ownership
- Direct
- Underlying class
- Common Units representing limited partner interests
- Underlying amount
- 16,228
- Exercise price
- Footnotes
- F4
WES
holding
Derivative
2023 Performance Unit - TUR
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 16,228
- Date
- 15 May 2024
- Ownership
- Direct
- Underlying class
- Common Units representing limited partner interests
- Underlying amount
- 16,228
- Exercise price
- Footnotes
- F4
WES
holding
Derivative
2024 Phantom Units
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 44,819
- Date
- 15 May 2024
- Ownership
- Direct
- Underlying class
- Common Units representing limited partner interests
- Underlying amount
- 44,819
- Exercise price
- Footnotes
- F5, F6
WES
holding
Derivative
2024 Performance Unit - ROA
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 22,409
- Date
- 15 May 2024
- Ownership
- Direct
- Underlying class
- Common Units representing limited partner interests
- Underlying amount
- 22,409
- Exercise price
- Footnotes
- F4
WES
holding
Derivative
2024 Performance Unit - TUR
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 22,409
- Date
- 15 May 2024
- Ownership
- Direct
- Underlying class
- Common Units representing limited partner interests
- Underlying amount
- 22,409
- Exercise price
- Footnotes
- F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 6 footnotes
Footnote F1
Units acquired under WES's distribution reinvestment plan.
Footnote F2
Each Phantom Unit is the economic equivalent of one WES Common Unit representing limited partnership interests, and upon vesting, entitled to receive a common unit
Footnote F3
The phantom units vest in three annual installments beginning one year after the date of grant, and will pay distribution equivalent rights prior to vesting in the form of WES Common Units.
Footnote 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.
Footnote F5
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.
Footnote F6
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.