FORSYTH MICHAEL S. (SVP, North Operations) exercised options at WESTERN MIDSTREAM PARTNERS, LP

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 3 exercises

FORSYTH MICHAEL S.

Filed: 2/14/2023ACC: 0001423902-23-000011

InsiderFORSYTH MICHAEL S.CIK 1949639

→

IssuerWESTERN MIDSTREAM PARTNERS, LPCIK 1423902

Officer· SVP, North Operations

Since Oct 2022

+61.67K

Net shares

Net buyer

$91.6K

Total sold

Open market trades

0B · 0S

Total transactions

75.52K acquired · 13.85K disposed

Non-Derivative Transactions6

Common Units representing limited partner interests

Direct

M · Option Exercise

+4.61K

Price / share

—

Trade value

—

% of position

52.1%

2/12/2023

8.86K→13.47K

Common Units representing limited partner interests

Direct

F · Tax Withholding

−1.52K

Price / share

$28.26

Trade value

$42.98K

% of position

11.3%

2/12/2023

13.47K→11.95K

Common Units representing limited partner interests

Direct

M · Option Exercise

+3.21K

Price / share

—

Trade value

—

% of position

26.9%

2/12/2023

11.95K→15.16K

Common Units representing limited partner interests

Direct

F · Tax Withholding

−918.00

Price / share

$28.26

Trade value

$25.94K

% of position

6.1%

2/12/2023

15.16K→14.24K

Common Units representing limited partner interests

Direct

M · Option Exercise

+2.79K

Price / share

—

Trade value

—

% of position

19.6%

2/12/2023

14.24K→17.03K

Common Units representing limited partner interests

Direct

F · Tax Withholding

−802.00

Price / share

$28.26

Trade value

$22.66K

% of position

4.7%

2/12/2023

17.03K→16.23K

Total

Net shares

+7.37K

Net value

-$91.59K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Units representing limited partner interests Direct	2/12/2023	M · Option Exercise	+4.61K	—	—	52.1%	8.86K	13.47K
Common Units representing limited partner interests Direct	2/12/2023	F · Tax Withholding	−1.52K	$28.26	$42.98K	11.3%	13.47K	11.95K
Common Units representing limited partner interests Direct	2/12/2023	M · Option Exercise	+3.21K	—	—	26.9%	11.95K	15.16K
Common Units representing limited partner interests Direct	2/12/2023	F · Tax Withholding	−918.00	$28.26	$25.94K	6.1%	15.16K	14.24K
Common Units representing limited partner interests Direct	2/12/2023	M · Option Exercise	+2.79K	—	—	19.6%	14.24K	17.03K
Common Units representing limited partner interests Direct	2/12/2023	F · Tax Withholding	−802.00	$28.26	$22.66K	4.7%	17.03K	16.23K
Total			+7.37K		-$91.59K

Derivative Transactions6

2020 Phantom Units

Direct

M · Option Exercise

Converts to

Common Units representing limited partner interests

4.61K shares

−4.61K

Strike price

Held after

0.00

Exercisable

—

2/12/2023

2021 Phantom Units

Direct

M · Option Exercise

Converts to

Common Units representing limited partner interests

3.21K shares

−3.21K

Strike price

Held after

3.21K

Exercisable

—

2/12/2023

2022 Phantom Units

Direct

M · Option Exercise

Converts to

Common Units representing limited partner interests

2.79K shares

−2.79K

Strike price

0.0

Held after

5.58K

Exercisable

—

2/12/2023

2023 Phantom Units

Direct

A · Award

Converts to

Common Units representing limited partner interests

32.46K shares

+32.46K

Strike price

Held after

32.46K

Exercisable

—

2/14/2023

2023 Performance Unit - TUR

Direct

A · Award

Converts to

Common Units representing limited partner interests

16.23K shares

+16.23K

Strike price

Held after

16.23K

Exercisable

—

2/14/2023

2023 Performance Unit - ROA

Direct

A · Award

Converts to

Common Units representing limited partner interests

16.23K shares

+16.23K

Strike price

Held after

16.23K

Exercisable

—

2/14/2023

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
2020 Phantom Units Direct	Common Units representing limited partner interests4.61K shares	2/12/2023	M · Option Exercise	−4.61K		—	0.00
2021 Phantom Units Direct	Common Units representing limited partner interests3.21K shares	2/12/2023	M · Option Exercise	−3.21K		—	3.21K
2022 Phantom Units Direct	Common Units representing limited partner interests2.79K shares	2/12/2023	M · Option Exercise	−2.79K	0.0	—	5.58K
2023 Phantom Units Direct	Common Units representing limited partner interests32.46K shares	2/14/2023	A · Award	+32.46K		—	32.46K
2023 Performance Unit - TUR Direct	Common Units representing limited partner interests16.23K shares	2/14/2023	A · Award	+16.23K		—	16.23K
2023 Performance Unit - ROA Direct	Common Units representing limited partner interests16.23K shares	2/14/2023	A · Award	+16.23K		—	16.23K