Jonathan C. Stein - 08 Nov 2024 Form 4 Insider Report for Hess Midstream LP (HESM)

Signature
Barry Schachter for Jonathan C. Stein
Issuer symbol
HESM
Transactions as of
08 Nov 2024
Net transactions value
-$279,840
Form type
4
Filing time
12 Nov 2024, 19:46:59 UTC
Previous filing
12 Mar 2024
Next filing
11 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HESM Class A Shares Options Exercise $0 +2,486 +4.7% $0.000000 54,837 08 Nov 2024 Direct F1
transaction HESM Class A Shares Options Exercise $0 +5,896 +11% $0.000000 60,733 08 Nov 2024 Direct F1
transaction HESM Class A Shares Options Exercise $0 +7,135 +12% $0.000000 67,868 08 Nov 2024 Direct F1
transaction HESM Class A Shares Sale $279,840 -7,923 -12% $35.32 59,945 11 Nov 2024 Direct F2

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 HESM 2022 Phantom Shares Options Exercise $0 -2,486 -100% $0.000000 0 08 Nov 2024 Class A Shares 2,486 $0.000000 Direct F3
transaction HESM 2023 Phantom Shares Options Exercise $0 -5,896 -100% $0.000000 0 08 Nov 2024 Class A Shares 5,896 $0.000000 Direct F3
transaction HESM 2024 Phantom Shares Options Exercise $0 -7,135 -100% $0.000000 0 08 Nov 2024 Class A Shares 7,135 $0.000000 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Class A shares acquired upon settlement of phantom shares granted under Hess Midstream's 2017 Long Term Incentive Plan.
F2 Represents shares sold to satisfy tax obligations on settlement of phantom shares.
F3 The phantom shares vested on November 8, 2024 and have no expiration date.