SVP of Western Gas Equity Partners, LP just declared owning 12,879 shares of Western Gas Equity Partners, LP

Christopher B. Dial, SVP of Western Gas Equity Partners, LP, has just filed an initial statement of beneficial ownership where 12,879 shares of Western Gas Equity Partners, LP were declared. This form is usually filed as a prelude to receiving options or buying company shares, so there may be more to come from Dial. Dial operates out of The Woodlands, TX. Some additional info was provided as follows:


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 F ebruary 12th of each year, and will pay distribution equivalent rights in cash on a current basis.
These Phantom Units vest ratably over a three-year period on February 12th of each year, and will pay distribution equivalent rights in the form of WES Common Units on a current basis.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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Other recent filings from the company include the following:

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