Hess Infrastructure Partners GP LLC - Jun 26, 2024 Form 4 Insider Report for Hess Midstream LP (HESM)

Signature
By: /s/ Jonathan C. Stein, Chief Financial Officer
Stock symbol
HESM
Transactions as of
Jun 26, 2024
Transactions value $
$0
Form type
4
Date filed
6/26/2024, 08:05 PM
Previous filing
Jun 3, 2024
Next filing
Sep 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HESM Class B Shares Other $0 -3.4M -3.54% $0.00 92.7M Jun 26, 2024 See footnote F1, F2
holding HESM Class A Shares 898K Jun 26, 2024 See footnote F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects (i) the cancellation for no consideration of 2,724,052 Class B Shares in connection with Hess Midstream Operations LP's repurchase of an aggregate of 2,724,052 Opco Class B Units from Hess Investments North Dakota LLC ("HINDL") and GIP II Blue Holding, L.P. and the subsequent cancellation of such Opco Class B Units and (ii) the transfer of 675,110 Class B Shares from Hess Midstream GP LP to HINDL for no consideration.
F2 Represents securities held by Hess Midstream GP LP. Hess Infrastructure Partners GP LLC is the sole member of Hess Midstream GP LLC, which is the general partner of Hess Midstream GP LP. As such, each of the foregoing entities may be deemed to beneficially own the securities held of record by Hess Midstream GP LP.