David J. Schulte - 12 Feb 2024 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 2024
Transactions value $
$0
Form type
4
Filing time
14 Feb 2024, 18:20:44 UTC
Previous filing
17 Mar 2023
Next filing
29 Feb 2024
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 +5.09K +20.24% $0.00 30.2K 12 Feb 2024 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 Options Exercise $0 -5.09K -100% $0.00* 0 12 Feb 2024 Common Units representing limited partner interests 5.09K Direct F1
transaction WES Phantom Units Award $0 +5.2K $0.00 5.2K 13 Feb 2024 Common Units representing limited partner interests 5.2K 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.