Jonathan C. Stein - 08 Mar 2022 Form 4 Insider Report for Hess Midstream LP (HESM)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
10 Mar 2022, 18:55:21 UTC
Next SEC filing
15 Mar 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Barry Schachter for Jonathan C. Stein

Key filing fact

Jonathan C. Stein filed Form 4 for Hess Midstream LP (HESM) on 10 Mar 2022.

Key facts

  • This page summarizes Jonathan C. Stein's Form 4 filing for Hess Midstream LP (HESM).
  • 6 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 10 Mar 2022, 18:55.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: -$122,186.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

HESM transaction

Class A Shares

Options Exercise

Transaction value
$0
Shares
+3,662
Change %
+13%
Price
$0.000000
Shares after
31,664
Date
08 Mar 2022
Ownership
Direct
Footnotes
F1
HESM transaction

Class A Shares

Options Exercise

Transaction value
$0
Shares
+3,720
Change %
+12%
Price
$0.000000
Shares after
35,384
Date
08 Mar 2022
Ownership
Direct
Footnotes
F1
HESM transaction

Class A Shares

Sale

Transaction value
$122,186
Shares
-3,770
Change %
-11%
Price
$32.41
Shares after
31,614
Date
09 Mar 2022
Ownership
Direct
Footnotes
F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

HESM transaction Derivative

2019 Phantom Shares

Options Exercise

Transaction value
$0
Shares
-3,662
Change %
-100%
Price
$0.000000*
Shares after
0
Date
08 Mar 2022
Ownership
Direct
Underlying class
Class A Shares
Underlying amount
3,662
Exercise price
$0.000000
Footnotes
F3
HESM transaction Derivative

2021 Phantom Shares

Options Exercise

Transaction value
$0
Shares
-3,720
Change %
-33%
Price
$0.000000
Shares after
7,441
Date
08 Mar 2022
Ownership
Direct
Underlying class
Class A Shares
Underlying amount
3,720
Exercise price
$0.000000
Footnotes
F4
HESM transaction Derivative

2022 Phantom Shares

Award

Transaction value
$0
Shares
+7,458
Change %
Price
$0.000000
Shares after
7,458
Date
08 Mar 2022
Ownership
Direct
Underlying class
Class A Shares
Underlying amount
7,458
Exercise price
Footnotes
F5, F6
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

Class A shares acquired upon settlement of phantom shares granted under Hess Midstream's 2017 Long Term Incentive Plan.

Footnote F2

Shares sold solely to satisfy tax withholding upon settlement of phantom shares

Footnote F3

The 2019 phantom shares vested on March 8, 2022 and have no expiration date.

Footnote F4

The remaining 2021 phantom shares vest ratably on March 8, 2023 and March 8, 2024 and have no expiration date.

Footnote F5

Each phantom share is the economic equivalent of one Class A Share.

Footnote F6

The phantom shares will vest in three equal installments beginning on March 8, 2023 and have no expiration date.

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