Filing Details

Accession Number:
0001423902-24-000028
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-03-01 16:29:15
Reporting Period:
2024-03-01
Accepted Time:
2024-03-01 16:29:15
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1423902 Western Midstream Partners Lp WES Natural Gas Transmission (4922) 261075656
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1785307 Michael Ure 9950 Woodloch Forest Dr.
The Woodlands TX 77380
President & Ceo Yes Yes No No
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 Representing Limited Partner Interests Acquisiton 2024-03-01 5,000 $33.65 561,404 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Units Representing Limited Partner Interests 2022 Phantom Units $0.00 28,902 28,902 Direct
Common Units Representing Limited Partner Interests 2023 Phantom Units $0.00 2026-02-12 70,176 70,176 Direct
Common Units Representing Limited Partner Interests 2024 Phantom Units $0.00 2027-02-12 150,592 150,592 Direct
Common Units Representing Limited Partner Interests 2022 Performance Unit - ROA $0.00 2025-02-12 2025-02-12 43,353 43,353 Direct
Common Units Representing Limited Partner Interests 2022 Performance Unit - TUR $0.00 2025-02-12 2025-02-12 43,353 43,353 Direct
Common Units Representing Limited Partner Interests 2023 Performance Unit - ROA $0.00 2026-02-12 2026-02-12 52,632 52,632 Direct
Common Units Representing Limited Partner Interests 2023 Performance Unit - TUR $0.00 2026-02-12 2026-02-12 52,632 52,632 Direct
Common Units Representing Limited Partner Interests 2024 Performance Unit - ROA $0.00 2027-02-12 2027-02-12 75,296 75,296 Direct
Common Units Representing Limited Partner Interests 2024 Performance Unit - TUR $0.00 2027-02-12 2027-02-12 75,296 75,296 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
28,902 28,902 Direct
2026-02-12 70,176 70,176 Direct
2027-02-12 150,592 150,592 Direct
2025-02-12 43,353 43,353 Direct
2025-02-12 43,353 43,353 Direct
2026-02-12 52,632 52,632 Direct
2026-02-12 52,632 52,632 Direct
2027-02-12 75,296 75,296 Direct
2027-02-12 75,296 75,296 Direct
Footnotes
  1. 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.
  2. 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.
  3. 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.