Melissa Cox - May 6, 2022 Form 3 Insider Report for DT Midstream, Inc. (DTM)

Role
Sr. VP Admin.
Signature
/s/ Andrew T. Hayner, Attorney-in-Fact
Stock symbol
DTM
Transactions as of
May 6, 2022
Transactions value $
$0
Form type
3
Date filed
5/13/2022, 05:32 PM
Next filing
Aug 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding DTM Common Stock 1.03K May 6, 2022 Direct
holding DTM Common Stock 359 May 6, 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
holding DTM Restricted Stock Units May 6, 2022 Common Stock 513 Direct F1, F2, F3, F4
holding DTM Restricted Stock Units May 6, 2022 Common Stock 513 Direct F1, F3, F4, F5
holding DTM Restricted Stock Units May 6, 2022 Common Stock 4.5K Direct F3, F4, F6
holding DTM Restricted Stock Units May 6, 2022 Common Stock 530 Direct F3, F4, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to the Employee Matters Agreement dated as of June 25, 2021 between DTE Energy Company and the Issuer, the Reporting Person received restricted stock units of the Issuer to replace restricted stock and restricted stock units held by the Reporting Person immediately before the legal and structural separation of the Issuer from DTE Energy Company (the "Spin-off") that were granted to the Reporting Person pursuant to an equity plan of DTE Energy Company and were forfeited in connection with the Spin-off.
F2 This restricted stock unit will vest on January 29, 2023, subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date.
F3 Includes shares of the Issuer's common stock acquired under the Issuer's dividend reinvestment plan.
F4 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.
F5 This restricted stock unit will vest on January 27, 2024, subject to the Reporting Persons' continued employment with the Issuer through the applicable vesting date.
F6 This restricted stock unit will vest 25% on August 2, 2023, 25% on August 2, 2024 and 50% on August 2, 2025, subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date.
F7 This restricted stock unit will vest on February 4, 2025, subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date.

Remarks:

Exhibit 24 - Power of Attorney