Sarah M. Barpoulis - Jul 22, 2024 Form 4 Insider Report for Equitrans Midstream Corp (ETRN)

Role
Director
Signature
/s/ Lisa M. Lind, Attorney-in-Fact for Sarah M. Barpoulis
Stock symbol
ETRN
Transactions as of
Jul 22, 2024
Transactions value $
$0
Form type
4
Date filed
7/22/2024, 05:58 PM
Previous filing
May 8, 2024

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 Disposed to Issuer -119K -100% 0 Jul 22, 2024 Common Stock 119K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Sarah M. Barpoulis is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 On July 22, 2024, pursuant to an Agreement and Plan of Merger, dated as of March 10, 2024, Humpty Merger Sub Inc., a wholly owned subsidiary of EQT Corporation ("EQT"), merged with and into Equitrans Midstream Corporation (the "Company") with the Company surviving as an indirect wholly owned subsidiary of EQT (the "First Step Surviving Corporation") and as the second step in a single integrated transaction, the First Step Surviving Corporation merged with and into Humpty Merger Sub LLC, a wholly owned subsidiary of EQT and each outstanding phantom stock unit became fully vested, any restrictions lapsed, and each phantom stock unit was converted into the right to receive a number of EQT shares (rounded up to the next whole EQT share) equal to the product obtained by multiplying (x) 0.3504 shares of EQT common stock by (y) the total number of shares of Company common stock underlying such Company phantom stock unit.