Form 4 for WES Western Midstream Partners, LP
Accepted 2022-02-16 00:00:00 ET · period of report 2022-02-14 · accession 0001127602-22-005378 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-02-16 | 2022-02-14 | WES | Collins Craig W | SVP, COO | F - Tax | $26.70 | -406 | 73.9K | -0.5% | -$10.8K |
| D | 2022-02-16 | 2022-02-14 | WES | Collins Craig W | SVP, COO | A - Grant | $0.00 | +1,031 | 74.3K | +1% | $0 |
| DM | 2022-02-16 | 2022-02-15 | WES | Collins Craig W | SVP, COO | A - Grant | $0.00 | +65.5K | 16.4K | New | $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 | 2022-02-14 | F | D | 406 | $26.70 | 73,853 | D | — | — | |
| 2 | Common | Common units representing limited partner interests | 2022-02-14 | A | A | 1,031 | $0.00 | 74,259 | D | — | — | |
| 3 | Derivative | Phantom Units | 2022-02-15 | A | A | 32,755 | $0.00 | 64,241 | D | — · — to — | 32,755 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 cash on a current basis. |
| 4 | Derivative | 2022 Performance Unit - ROA | 2022-02-15 | A | A | 16,378 | $0.00 | 16,378 | D | — · 2025-02-12 to 2025-02-12 | 16,378 Common units representing limited partner interests | (F3) 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. |
| 5 | Derivative | 2022 Performance Unit - TUR | 2022-02-15 | A | A | 16,378 | $0.00 | 16,378 | D | — · 2025-02-12 to 2025-02-12 | 16,378 Common units representing limited partner interests | (F3) 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. |