Hess Infrastructure Partners GP LLC - 11 Sep 2024 Form 4 Insider Report for Hess Midstream LP (HESM)

Signature
Hess Infrastructure Partners GP LLC By: /s/ Jonathan C. Stein, Chief Financial Officer
Issuer symbol
HESM
Transactions as of
11 Sep 2024
Net transactions value
$0
Form type
4
Filing time
11 Sep 2024, 17:03:38 UTC
Previous filing
26 Jun 2024
Next filing
20 Sep 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HESM Class B Shares Other $0 -3,522,960 -3.8% $0.000000 89,183,078 11 Sep 2024 See footnote F1, F2
holding HESM Class A Shares 898,000 11 Sep 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 2,823,262 Class B Shares in connection with Hess Midstream Operations LP's repurchase of an aggregate of 2,823,262 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 699,698 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.