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

Role
President and CEO, Director
Signature
/s/ Wendy Ellis, Attorney-in-Fact
Issuer symbol
DTM
Transactions as of
30 Jan 2022
Transactions value $
-$109,116
Form type
4
Filing time
10 Feb 2022, 20:05:48 UTC
Previous filing
03 Aug 2021
Next filing
25 Feb 2022
SEC
View on sec.gov

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 30 Jan 2022 Direct F1, F2, F3
transaction DTM Common Stock Tax liability -$109K -2.17K -11.54% $50.40 16.6K 30 Jan 2022 Direct
transaction DTM Common Stock Award $0 +6.81K +41.04% $0.00 23.4K 04 Feb 2022 Direct F4
holding DTM Common Stock 1.39K 30 Jan 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 30 Jan 2022 Common Stock 4.29K Direct F1, F5
transaction DTM Restricted Stock Units Award $0 +19.3K $0.00 19.3K 04 Feb 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.