J. Patrick Reddy - Mar 8, 2022 Form 4 Insider Report for Hess Midstream LP (HESM)

Role
Director
Signature
Barry Schachter for John P. Reddy
Stock symbol
HESM
Transactions as of
Mar 8, 2022
Transactions value $
$0
Form type
4
Date filed
3/10/2022, 06:54 PM
Previous filing
May 28, 2021
Next filing
Jun 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HESM Class A Shares Options Exercise $0 +2.9K +20.98% $0.00 16.7K Mar 8, 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 -2.9K -100% $0.00* 0 Mar 8, 2022 Class A Shares 2.9K $0.00 Direct F2
transaction HESM 2022 Phantom Shares Award $0 +1.94K $0.00 1.94K Mar 8, 2022 Class A Shares 1.94K 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 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 will vest on March 8, 2023 and have no expiration date.