Form 4 for WES Western Midstream Partners, LP
Accepted 2025-02-21 00:00:00 ET · period of report 2025-02-20 · accession 0001423902-25-000017 · 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 | 2025-02-21 | 2025-02-20 | WES | Shults Kristen S. | SVP, CFO | F - Tax | $41.63 | -14.4K | 75.9K | -16% | -$597.8K |
| DM | 2025-02-21 | 2025-02-20 | WES | Shults Kristen S. | SVP, CFO | M - OptEx | $0.00 | +36.5K | 82.3K | +80% | $0 |
| DM | 2025-02-21 | 2025-02-20 | WES | Shults Kristen S. | SVP, CFO | A - Grant | $0.00 | +60.1K | 30.0K | New | $0 |
| DM | 2025-02-21 | 2025-02-20 | WES | Shults Kristen S. | SVP, CFO | M - OptEx | $0.00 | -36.5K | 0 | -100% | $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 | 2025-02-20 | F | D | 7,963 | $41.63 | 88,129 | D | — | — | |
| 2 | Common | Common Units representing limited partner interests | 2025-02-20 | F | D | 6,398 | $41.63 | 75,857 | D | — | — | |
| 3 | Common | Common Units representing limited partner interests | 2025-02-20 | M | A | 20,235 | $0.00 | 96,092 | D | — | — | |
| 4 | Common | Common Units representing limited partner interests | 2025-02-20 | M | A | 16,257 | $0.00 | 82,255 | D | — | — | |
| 5 | Derivative | 2025 Performance Unit-TUR | 2025-02-20 | A | A | 15,013 | $0.00 | 15,013 | D | — · 2028-02-12 to 2028-02-12 | 15,013 Common Units representing limited partner interests | (F1) 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. |
| 6 | Derivative | 2025 Performance Unit-ROA | 2025-02-20 | A | A | 15,013 | $0.00 | 15,013 | D | — · 2028-02-12 to 2028-02-12 | 15,013 Common Units representing limited partner interests | (F1) 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. |
| 7 | Derivative | 2025 Phantom Units | 2025-02-20 | A | A | 30,026 | $0.00 | 30,026 | D | — · — to 2028-02-12 | 30,026 Common Units representing limited partner interests | (F2) 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 Performance Unit - ROA | 2025-02-20 | M | D | 20,235 | $0.00 | 0 | D | — · 2025-02-12 to 2025-02-12 | 20,235 Common Units representing limited partner interests | (F1) 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. |
| 9 | Derivative | 2022 Performance Unit - TUR | 2025-02-20 | M | D | 16,257 | $0.00 | 0 | D | — · 2025-02-12 to 2025-02-12 | 16,257 Common Units representing limited partner interests | (F1) 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. |