John A. Gatling - Mar 13, 2022 Form 4 Insider Report for Hess Midstream LP (HESM)

Signature
Barry Schachter for John A. Gatling
Stock symbol
HESM
Transactions as of
Mar 13, 2022
Transactions value $
-$76,386
Form type
4
Date filed
3/15/2022, 05:47 PM
Previous filing
Mar 10, 2022
Next filing
Mar 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HESM Class A Shares Options Exercise $0 +7.78K +22.19% $0.00 42.8K Mar 13, 2022 Direct F1
transaction HESM Class A Shares Sale -$76.4K -2.45K -5.72% $31.14 40.4K Mar 15, 2022 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 HESM 2020 Phantom Shares Options Exercise $0 -7.78K -50% $0.00 7.78K Mar 13, 2022 Class A Shares 7.78K $0.00 Direct F3
* 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 under Hess Midstream's 2017 Long Term Incentive Plan.
F2 Shares sold solely to satisfy tax withholding upon settlement of phantom shares.
F3 The remaining 2020 phantom shares vests on March 13, 2023 and have no expiration date.