Form 4 for WES Western Midstream Partners, LP
Accepted 2024-02-14 00:00:00 ET · period of report 2024-02-12 · accession 0001423902-24-000011 · 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 | 2024-02-14 | 2024-02-12+ | WES | Dial Christopher B. | SVP, GC, Sec | F - Tax | $28.03 | -44.2K | 80.1K | -36% | -$1.24M |
| DM | 2024-02-14 | 2024-02-12+ | WES | Dial Christopher B. | SVP, GC, Sec | M - OptEx | $0.00 | +112.0K | 75.8K | New | $0 |
| DM | 2024-02-14 | 2024-02-12+ | WES | Dial Christopher B. | SVP, GC, Sec | M - OptEx | $0.00 | -112.0K | 0 | -100% | $0 |
| DM | 2024-02-14 | 2024-02-13 | WES | Dial Christopher B. | SVP, GC, Sec | A - Grant | $0.00 | +89.6K | 22.4K | 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 | 2024-02-13 | F | D | 15,798 | $27.89 | 132,602 | D | — | — | |
| 2 | Common | Common Units representing limited partner interests | 2024-02-12 | M | A | 8,921 | $0.00 | 73,666 | D | — | — | |
| 3 | Common | Common Units representing limited partner interests | 2024-02-12 | F | D | 3,609 | $28.50 | 70,057 | D | — | — | |
| 4 | Common | Common Units representing limited partner interests | 2024-02-13 | F | D | 18,252 | $27.89 | 108,254 | D | — | — | |
| 5 | Common | Common Units representing limited partner interests | 2024-02-12 | F | D | 2,275 | $28.50 | 73,562 | D | — | — | |
| 6 | Common | Common Units representing limited partner interests | 2024-02-12 | M | A | 10,818 | $0.00 | 84,380 | D | — | — | |
| 7 | Common | Common Units representing limited partner interests | 2024-02-12 | F | D | 4,257 | $28.50 | 80,123 | D | — | — | |
| 8 | Common | Common Units representing limited partner interests | 2024-02-13 | M | A | 46,383 | $0.00 | 126,506 | D | — | — | |
| 9 | Common | Common Units representing limited partner interests | 2024-02-13 | M | A | 40,146 | $0.00 | 148,400 | D | — | — | |
| 10 | Common | Common Units representing limited partner interests | 2024-02-12 | M | A | 5,780 | $0.00 | 75,837 | D | — | — | |
| 11 | Derivative | 2021 Phantom Units | 2024-02-12 | M | D | 8,921 | $0.00 | 0 | D | — · — to — | 8,921 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. |
| 12 | Derivative | 2022 Phantom Units | 2024-02-12 | M | D | 5,780 | $0.00 | 5,781 | D | — · — to — | 5,780 Common Units representing limited partner interests | (F3) Each Phantom Unit is the economic equivalent of one WES Common Unit representing limited partnership interests, and upon vesting, entitled to receive a common unit (F4) The phantom units vest in three annual installments beginning one year after the date of grant, and will pay distribution equivalent rights prior to vesting in the form of WES Common Units. |
| 13 | Derivative | 2023 Phantom Units | 2024-02-12 | M | D | 10,818 | $0.00 | 21,638 | D | — · — to 2026-02-12 | 10,818 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. |
| 14 | Derivative | 2024 Performance Unit - TUR | 2024-02-13 | A | A | 22,409 | $0.00 | 22,409 | D | — · 2027-02-12 to 2027-02-12 | 22,409 Common Units representing limited partner interests | (F5) 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. |
| 15 | Derivative | 2021 Performance Unit - TUR | 2024-02-13 | M | D | 40,146 | $0.00 | 0 | D | — · 2024-02-12 to 2024-02-12 | 40,146 Common Units representing limited partner interests | (F5) 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. |
| 16 | Derivative | 2024 Phantom Units | 2024-02-13 | A | A | 44,819 | $0.00 | 44,819 | D | — · — to 2027-02-12 | 44,819 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. |
| 17 | Derivative | 2024 Performance Unit - ROA | 2024-02-13 | A | A | 22,409 | $0.00 | 22,409 | D | — · 2027-02-12 to 2027-02-12 | 22,409 Common Units representing limited partner interests | (F5) 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. |
| 18 | Derivative | 2021 Performance Unit - ROA | 2024-02-13 | M | D | 46,383 | $0.00 | 0 | D | — · 2024-02-12 to 2024-02-12 | 46,383 Common Units representing limited partner interests | (F5) 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. |