Justin S. Macken - 27 Jun 2024 Form 4 Insider Report for Equitrans Midstream Corp

Signature
Lisa M. Lind, Attorney-in-Fact for Justin S. Macken
Issuer symbol
N/A
Transactions as of
27 Jun 2024
Net transactions value
-$70,343
Form type
4
Filing time
01 Jul 2024, 16:48:08 UTC
Previous filing
28 Feb 2024
Next filing
22 Jul 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ETRN Common Stock Award $0 +18,690 +16% $0.000000 137,186 27 Jun 2024 Direct F1
transaction ETRN Common Stock Tax liability $70,343 -5,325 -3.9% $13.21 131,861 27 Jun 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 ETRN Deferred Stock Units Award $0 +18,690 $0.000000 18,690 27 Jun 2024 Common Stock 18,690 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On June 27, 2024, tranche 1 of the performance awards under the Company's 2021 MVP Performance Share Unit Award Program (2021 MVP Program) vested and were paid in Company common stock.
F2 The Company, consistent with its practice, withheld shares to satisfy the tax liability associated with the vesting of the awards under the 2021 MVP Program.
F3 Each deferred stock unit is the economic equivalent of one share of common stock.
F4 Deferred stock units representing tranches 2 and 3 of performance awards under the 2021 MVP Program will vest and be paid out in the form of common stock in two equal installments on June 11, 2025 and June 11, 2026, respectively.