Form 4 for WES Western Midstream Partners, LP
Accepted 2025-02-14 00:00:00 ET · period of report 2025-02-12 · accession 0001423902-25-000006 · 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 | 2025-02-14 | 2025-02-12 | WES | Holderman Daniel P. | SVP, COO | F - Tax | $39.87 | -13.0K | 35.7K | -27% | -$516.4K |
| DM | 2025-02-14 | 2025-02-12 | WES | Holderman Daniel P. | SVP, COO | M - OptEx | $0.00 | +32.8K | 41.6K | +372% | $0 |
| DM | 2025-02-14 | 2025-02-12 | WES | Holderman Daniel P. | SVP, COO | M - OptEx | $0.00 | -32.8K | 10.8K | -75% | $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 | 2025-02-12 | F | D | 2,816 | $39.87 | 20,126 | D | — | — | |
| 2 | Common | Common Units representing limited partner interests | 2025-02-12 | M | A | 7,055 | $0.00 | 22,942 | D | — | — | |
| 3 | Common | Common Units representing limited partner interests | 2025-02-12 | M | A | 10,819 | $0.00 | 30,945 | D | — | — | |
| 4 | Common | Common Units representing limited partner interests | 2025-02-12 | F | D | 4,258 | $39.87 | 26,687 | D | — | — | |
| 5 | Common | Common Units representing limited partner interests | 2025-02-12 | M | A | 14,940 | $0.00 | 41,627 | D | — | — | |
| 6 | Common | Common Units representing limited partner interests | 2025-02-12 | F | D | 5,879 | $39.87 | 35,748 | D | — | — | |
| 7 | Derivative | 2024 Phantom Units | 2025-02-12 | M | D | 14,940 | $0.00 | 29,879 | D | — · — to 2027-02-12 | 14,940 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. |
| 8 | Derivative | 2022 Phantom Units | 2025-02-12 | M | D | 7,055 | $0.00 | 0 | D | — · — to — | 7,055 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) The Phantom Units vest in three annual installments 20% on February 12, 2023, 40% on February 12, 2024, and 40% on February 12, 2025, and will pay distribution equivalent rights in cash prior to vesting. |
| 9 | Derivative | 2023 Phantom Units | 2025-02-12 | M | D | 10,819 | $0.00 | 10,819 | D | — · — to 2026-02-12 | 10,819 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. (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. |