Filing Details

Accession Number:
0001567619-21-007165
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-03-29 21:35:34
Reporting Period:
2021-03-25
Accepted Time:
2021-03-29 21:35:34
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1423902 Western Midstream Partners Lp WES Crude Petroleum & Natural Gas (1311) DE
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
797468 Occidental Petroleum Corp /De/ 5 Greenway Plaza
Suite 110
Houston TX 77046
No No Yes No
856716 Western Gas Resources Inc 1099 18Th Street, Suite 1200
Denver CO 80202-1955
No No Yes No
1601306 Apc Midstream Holdings, Llc 1201 Lake Robbins Drive
The Woodlands TX 77380
No No Yes No
1699285 Kerr-Mcgee Worldwide Corp 1201 Lake Robbins Drive
The Woodlands TX 77380
No No No Yes
1771584 Wgr Asset Holding Co Llc 1201 Lake Robbins Drive
The Woodlands TX 77380
No No No Yes
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Units (Limited Partner Interests) Disposition 2021-03-25 11,500,000 $17.25 202,781,578 No 4 S Indirect See Footnotes
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See Footnotes
Footnotes
  1. On March 22, 2021, Western Midstream Partners, LP (the "Issuer"), Western Midstream Holdings, LLC, WGR Asset Holding Company LLC ("WGRAH") and BofA Securities, Inc., as underwriter (the "Underwriter"), entered into an underwriting agreement pursuant to which WGRAH agreed to sell to the Underwriter, and the Underwriter agreed to purchase from WGRAH, subject to and upon the terms and conditions set forth therein, up to 11,500,000 common units representing limited partner interests in the Issuer (the "Common Units") at a price of $17.25 per Common Unit. WGRAH completed the sale of 11,500,000 Common Units to the Underwriter on March 25, 2021.
  2. Following the transaction reported herein, Western Gas Resources, Inc. ("WGR") holds 161,319,520 Common Units, WGRAH holds 26,639,260 Common Units, APC Midstream Holdings, LLC ("APCMH") holds 457,849 Common Units and Anadarko USH1 Corporation ("Anadarko USH1") holds 14,364,949 Common Units. WGR also is the sole member of Western Midstream Holdings, LLC, the 2% economic general partner of the Issuer.
  3. Oxy USA Inc. ("Oxy USA") is a wholly owned subsidiary of Occidental Petroleum Corporation ("Occidental"). Oxy USA owns 100% of the outstanding membership interests of Occidental Permian Manager LLC ("OPM") and 100% of the common stock of OXY Oil Partners, Inc. ("OOP"). OOP, OPM and Oxy USA together own 100% of the membership interests of New OPL, LLC ("OPL"). OPL owns 100% of the outstanding common stock of Baseball Merger Sub 2, Inc. ("BMS").
  4. Anadarko Petroleum Corporation ("APC") is a wholly owned subsidiary of BMS. APC owns (i) 100% of Anadarko Holding Company ("AHC") and (ii) indirectly, 100% of the common stock of WGR and Kerr-McGee Corporation ("KMG"). WGR is the sole member of APCMH, and APCMH is the sole member of WGRAH. KMG and AHC together own 100% of the common stock of Kerr-McGee Worldwide Corporation ("KMWW"), and APC and KMWW together indirectly own 100% of the common stock of Anadarko USH1. Accordingly, Oxy USA, OPM, OOP, OPL, BMS, APC, AHC, WGR, Anadarko USH1, KMG, APCMH, WGRAH and KMWW are all direct or indirect wholly owned subsidiaries of Occidental.