Jonathan C. Stein - Nov 8, 2024 Form 4 Insider Report for Hess Midstream LP (HESM)

Role
Chief Financial Officer
Signature
Barry Schachter for Jonathan C. Stein
Stock symbol
HESM
Transactions as of
Nov 8, 2024
Transactions value $
-$279,840
Form type
4
Date filed
11/12/2024, 07:46 PM
Previous filing
Mar 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HESM Class A Shares Options Exercise $0 +2.49K +4.75% $0.00 54.8K Nov 8, 2024 Direct F1
transaction HESM Class A Shares Options Exercise $0 +5.9K +10.75% $0.00 60.7K Nov 8, 2024 Direct F1
transaction HESM Class A Shares Options Exercise $0 +7.14K +11.75% $0.00 67.9K Nov 8, 2024 Direct F1
transaction HESM Class A Shares Sale -$280K -7.92K -11.67% $35.32 59.9K Nov 11, 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 -2.49K -100% $0.00 0 Nov 8, 2024 Class A Shares 2.49K $0.00 Direct F3
transaction HESM 2023 Phantom Shares Options Exercise $0 -5.9K -100% $0.00 0 Nov 8, 2024 Class A Shares 5.9K $0.00 Direct F3
transaction HESM 2024 Phantom Shares Options Exercise $0 -7.14K -100% $0.00 0 Nov 8, 2024 Class A Shares 7.14K $0.00 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.