0001423902-23-000013.txt : 20230215 0001423902-23-000013.hdr.sgml : 20230215 20230215164020 ACCESSION NUMBER: 0001423902-23-000013 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230213 FILED AS OF DATE: 20230215 DATE AS OF CHANGE: 20230215 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Ure Michael CENTRAL INDEX KEY: 0001785307 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35753 FILM NUMBER: 23635928 MAIL ADDRESS: STREET 1: 1201 LAKE ROBBINS DR CITY: THE WOODLANDS STATE: TX ZIP: 77380 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Western Midstream Partners, LP CENTRAL INDEX KEY: 0001423902 STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS TRANSMISSION [4922] IRS NUMBER: 261075656 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 9950 WOODLOCH FOREST DRIVE, SUITE 2800 CITY: THE WOODLANDS STATE: TX ZIP: 77380-7046 BUSINESS PHONE: 346-786-5000 MAIL ADDRESS: STREET 1: 9950 WOODLOCH FOREST DRIVE, SUITE 2800 CITY: THE WOODLANDS STATE: TX ZIP: 77380-7046 FORMER COMPANY: FORMER CONFORMED NAME: Western Gas Equity Partners, LP DATE OF NAME CHANGE: 20121023 FORMER COMPANY: FORMER CONFORMED NAME: WGR Holdings LLC DATE OF NAME CHANGE: 20080115 4 1 wf-form4_167649720006422.xml FORM 4 X0306 4 2023-02-13 0 0001423902 Western Midstream Partners, LP WES 0001785307 Ure Michael 9950 WOODLOCH FOREST DR. THE WOODLANDS TX 77380 1 1 0 0 President & CEO Common Units representing limited partner interests 2023-02-13 4 A 0 2576 0 A 204105 D Common Units representing limited partner interests 2023-02-13 4 F 0 1014 28.28 D 203091 D Common Units representing limited partner interests 2023-02-14 4 M 0 70226 0 A 273317 D Common Units representing limited partner interests 2023-02-14 4 F 0 27634 28.50 D 245683 D Common Units representing limited partner interests 2023-02-14 4 M 0 76452 0 A 322135 D Common Units representing limited partner interests 2023-02-14 4 F 0 30084 28.50 D 292051 D 2020 Performance Unit - TUR 2023-02-14 4 M 0 70226 0 D 2023-02-12 2023-02-12 Common Units representing limited partner interests 70226.0 0 D 2020 Performance Unit - ROA 2023-02-14 4 M 0 76452 0 D 2023-02-12 2023-02-12 Common Units representing limited partner interests 76452.0 0 D 2023 Phantom Units 2026-02-12 Common Units representing limited partner interests 105263.0 105263 D 2022 Phantom Units Common Units representing limited partner interests 57803.0 57803 D 2021 Phantom Units Common Units representing limited partner interests 41982.0 41982 D 2023 Performance Unit - TUR 2026-02-12 2026-02-12 Common Units representing limited partner interests 52632.0 52632 D 2023 Performance Unit - ROA 2026-02-12 2026-02-12 Common Units representing limited partner interests 52632.0 52632 D 2022 Performance Unit - TUR 2025-02-12 2025-02-12 Common Units representing limited partner interests 43353.0 43353 D 2022 Performance Unit - ROA 2025-02-12 2025-02-12 Common Units representing limited partner interests 43353.0 43353 D 2021 Performance Unit - TUR 2024-02-12 2024-02-12 Common Units representing limited partner interests 110201.0 110201 D 2021 Performance Unit - ROA 2024-02-12 2024-02-12 Common Units representing limited partner interests 110201.0 110201 D 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. 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. 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. 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 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. /s/ Philip C. Neisel, as attorney-in-fact 2023-02-15