LISA A. STEWART - 12 Feb 2022 Form 4 Insider Report for Western Midstream Partners, LP (WES)

Role
Director
Signature
/s/ Philip C. Neisel, as attorney-in-fact
Issuer symbol
WES
Transactions as of
12 Feb 2022
Net transactions value
$0
Form type
4
Filing time
15 Feb 2022, 16:55:42 UTC
Previous filing
05 Oct 2021
Next filing
10 Feb 2023
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 +7,872 +110% $0.000000 15,054 12 Feb 2022 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 Phantom Units Award $0 +5,588 $0.000000 5,588 15 Feb 2022 Common units representing limited partner interests 5,588 Direct F1
transaction WES Phantom Units Options Exercise $0 -7,872 -100% $0.000000* 0 12 Feb 2022 Common units representing limited partner interests 7,872 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.