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Western Midstream Partners, LP — Director's Dealing 2022
Aug 29, 2022
30411_dirs_2022-08-29_1839dc98-921a-4cf6-9a7c-f4933db8f2c2.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Western Midstream Partners, LP (WES)
CIK: 0001423902
Period of Report: 2022-08-29
Reporting Person: Holderman Daniel P. (SVP Co-Chief Operating Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-08-29 | Phantom Units | $ | A | 17637 | Acquired | Common units representing limited partner interests (17637) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common units representing limited partner interests | 0 | Direct |
Footnotes
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.