Filing Details
- Accession Number:
- 0001209191-22-018056
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2022-03-10 19:53:52
- Reporting Period:
- 2022-03-08
- Accepted Time:
- 2022-03-10 19:53:52
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1789832 | Hess Midstream Lp | HESM | () | 4 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1702312 | A. John Gatling | 1501 Mckinney Street Houston TX 77010 | President And Coo | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Shares | Acquisiton | 2022-03-08 | 3,662 | $0.00 | 63,635 | No | 4 | M | Direct | |
| Class A Shares | Acquisiton | 2022-03-08 | 3,720 | $0.00 | 67,355 | No | 4 | M | Direct | |
| Class A Shares | Disposition | 2022-03-09 | 1,798 | $32.41 | 65,557 | No | 4 | S | Direct | |
| Class A Shares | Disposition | 2022-03-10 | 30,489 | $32.44 | 35,068 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Shares | 2019 Phantom Shares | Disposition | 2022-03-08 | 3,662 | $0.00 | 3,662 | $0.00 |
| Class A Shares | 2021 Phantom Shares | Disposition | 2022-03-08 | 3,720 | $0.00 | 3,720 | $0.00 |
| Class A Shares | 2022 Phantom Shares | Acquisiton | 2022-03-08 | 7,458 | $0.00 | 7,458 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | No | 4 | M | Direct | ||
| 7,441 | No | 4 | M | Direct | ||
| 7,458 | No | 4 | A | Direct |
Footnotes
- Class A shares acquired upon settlement of phantom shares granted under Hess Midstream's 2017 Long Term Incentive Plan.
- Shares sold solely to satisfy tax withholding upon settlement of phantom shares
- The reported purchase transactions were executed at prices ranging from $32.36 to $32.69. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide, upon request, to the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares and prices at which the transactions were effected.
- The 2019 phantom shares vested on March 8, 2022 and have no expiration date.
- The remaining 2021 phantom shares vest ratably on March 8, 2023 and March 8, 2024 and have no expiration date.
- Each phantom share is the economic equivalent of one Class A Share.
- The phantom shares will vest in three equal installments beginning on March 8, 2023 and have no expiration date.
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