Form 4 for WES Western Midstream Partners, LP
Accepted 2022-02-15 00:00:00 ET · period of report 2022-02-12 · accession 0001127602-22-005089 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-02-15 | 2022-02-12 | WES | Collins Craig W | SVP, COO | M - OptEx | $0.00 | +37.6K | 73.2K | +105% | $0 |
| DM | 2022-02-15 | 2022-02-12 | WES | Collins Craig W | SVP, COO | M - OptEx | $0.00 | -37.6K | 31.5K | -54% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common units representing limited partner interests | 2022-02-12 | M | A | 21,848 | $0.00 | 57,485 | D | — | — | |
| 2 | Common | Common units representing limited partner interests | 2022-02-12 | M | A | 15,743 | $0.00 | 73,228 | D | — | — | |
| 3 | Derivative | Phantom Units | 2022-02-12 | M | D | 21,848 | $0.00 | 21,848 | D | — · — to — | 21,848 Common units representing limited partner interests | (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. (F2) These Phantom Units vest ratably over a three-year period on February 12th of each year, and will pay distribution equivalent rights in the form of WES Common Units on a current basis. |
| 4 | Derivative | Phantom Units | 2022-02-12 | M | D | 15,743 | $0.00 | 31,486 | D | — · — to — | 15,743 Common units representing limited partner interests | (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. (F3) 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. |