David W. Niemiec - 08 Mar 2022 Form 4 Insider Report for Hess Midstream LP (HESM)

Role
Director
Signature
Barry Schachter for David Niemiec
Issuer symbol
HESM
Transactions as of
08 Mar 2022
Net transactions value
$0
Form type
4
Filing time
10 Mar 2022, 18:52:16 UTC
Next filing
10 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HESM Class A Shares Options Exercise $0 +2,902 +7.3% $0.000000 42,822 08 Mar 2022 Direct F1

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 2021 Phantom Shares Options Exercise $0 -2,902 -100% $0.000000* 0 08 Mar 2022 Class A Shares 2,902 $0.000000 Direct F2
transaction HESM 2022 Phantom Shares Award $0 +1,939 $0.000000 1,939 08 Mar 2022 Class A Shares 1,939 Direct F3, F4
* 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 in 2021 for service as director. Each phantom share is the economic equivalent of one Class A share.
F2 The 2021 phantom shares vested on March 8, 2022 and have no expiration date.
F3 Each phantom share is the economic equivalent of one Class A Share.
F4 The phantom shares shall vest on March 8, 2023 and have no expiration date.