David Slater - Jan 30, 2022 Form 4 Insider Report for DT Midstream, Inc. (DTM)

Role: President and CEO, Director
Signature: /s/ Wendy Ellis, Attorney-in-Fact
Stock symbol: DTM
Transactions as of: Jan 30, 2022
Transactions value $: -$109,116
Form type: 4
Date filed: 2/10/2022, 08:05 PM
Previous filing: Aug 3, 2021
Next filing: Feb 25, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DTM	Common Stock	Options Exercise		+4.29K	+29.66%		18.8K	Jan 30, 2022	Direct	F1, F2, F3
transaction	DTM	Common Stock	Tax liability	-$109K	-2.17K	-11.54%	$50.40	16.6K	Jan 30, 2022	Direct
transaction	DTM	Common Stock	Award	$0	+6.81K	+41.04%	$0.00	23.4K	Feb 4, 2022	Direct	F4
holding	DTM	Common Stock						1.39K	Jan 30, 2022	By 401(k) Plan

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	DTM	Restricted Stock Units	Options Exercise	$0	+4.29K		$0.00^*	0	Jan 30, 2022	Common Stock	4.29K		Direct	F1, F5
transaction	DTM	Restricted Stock Units	Award	$0	+19.3K		$0.00	19.3K	Feb 4, 2022	Common Stock	19.3K		Direct	F1, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock with any fractional shares being paid in cash.
F2	Includes shares of the Issuer's common stock received as a result of the pro rata distribution from DTE Energy Company effected in connection with the legal and structural separation of the Issuer from DTE Energy Company.
F3	Includes shares of the Issuer's common stock acquired under the Issuer's dividend reinvestment plan.
F4	Represents shares of the Issuer's common stock earned in respect of performance stock units, as certified by the Organization and Compensation Committee of the board of directors of the Issuer on February 4, 2022 based on achievement of the applicable performance conditions over the applicable performance period.
F5	This restricted stock unit vested on January 30, 2022.
F6	This restricted stock unit will vest on February 4, 2025, subject to the Reporting Persons' continued employment with the Issuer through the applicable vesting date.