Occidental Petroleum Corp's Form 4 filing
Western Midstream Partners, LP (WES) · filed Dec 15, 2021
- Accession no.
- 0001140361-21-041952
- Filed
- Dec 15, 2021, 9:26 PM ET
- Trade date
- Dec 13, 2021
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 1 non-derivative transaction. Open-market sales total $50.2M. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Occidental Petroleum CorpCIK 0000797468 | 10% Owner |
| Western Gas Resources IncCIK 0000856716 | 10% Owner |
| APC Midstream Holdings, LLCCIK 0001601306 | 10% Owner |
| Kerr-McGee Worldwide CorpCIK 0001699285 | Other: Former 10% Owner |
| WGR Asset Holding Co LLCCIK 0001771584 | 10% Owner |
| Anadarko USH1 CorpCIK 0001824936 | 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Dec 13, 2021 | COMMON UNITS (LIMITED PARTNER INTERESTS) | SSaleDisposed | −2,500,000 | $20.09F1 | −$50,225,000 | 200,281,578 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
On December 7, 2021, Western Midstream Partners, LP (the "Issuer") entered into unit purchase agreement with WGR Asset Holding Company LLC ("WGRAH") pursuant to which the Issuer agreed to purchase 2,500,000 common units representing limited partner interests in the Issuer (the "Common Units") from WGRAH at a price of $20.09 per Common Unit. WGRAH and the Issuer completed the sale of such Common Units on December 13, 2021.
Referenced by the price of 1 transaction in Table I.
Remarks
Due to the limitations of the U.S. Securities and Exchange Commission's electronic filing system, each of Occidental, OXY USA, OPM, OOP, OPL, BMS, APC and AHC are concurrently filing a Form 4 to report the transaction disclosed herein.