| Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | HESM | Class B Shares | Other | $0 | -6.78M | -6.17% | $0.00 | 103M | Apr 4, 2022 | See footnotes | F1, F2, F3 |
| transaction | HESM | Class A Shares | Conversion of derivative security | $0 | +5.12M | $0.00 | 5.12M | Apr 4, 2022 | See footnotes | F3, F4 | |
| transaction | HESM | Class A Shares | Sale | -$146M | -5.12M | -100% | $28.50 | 0 | Apr 4, 2022 | See footnotes | F3, F4 |
| transaction | HESM | Class B Shares | Other | $0 | -5.12M | -4.97% | $0.00 | 97.9M | Apr 4, 2022 | See footnotes | F2, F3, F5 |
| holding | HESM | Class A Shares | 449K | Apr 4, 2022 | See footnote | F2 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | HESM | Opco Class B Units | Disposed to Issuer | -$200M | -6.78M | -6.17% | $29.50 | 103M | Apr 4, 2022 | Class A Shares | 6.78M | See footnotes | F3, F4, F6 | |
| transaction | HESM | Opco Class B Units | Conversion of derivative security | $0 | -5.12M | -4.97% | $0.00 | 97.9M | Apr 4, 2022 | Class A Shares | 5.12M | See footnotes | F3, F4, F6 |
| Id | Content |
|---|---|
| F1 | Reflects the cancellation for no consideration of Class B Shares in connection with Hess Midstream Operations LP repurchase of an aggregate 13,559,322 Opco Class B Units from Hess Investments North Dakota LLC (HINDL) and GIP II Blue Holding, L.P. and a subsequent cancellation of such Opco Class B Units. |
| F2 | Represents securities held by Hess Midstream GP LP. HINDL is an indirect, wholly owned subsidiary of Hess Corporation, a publicly traded company listed on the New York Stock Exchange. As a result, Hess Corporation may be deemed to beneficially own the securities held of record by HINDL and Hess Midstream GP LP. Hess Corporation disclaims beneficial ownership of such securities except to the extent of its pecuniary interest therein. |
| F3 | Hess Infrastructure Partners GP LLC is the sole member of Hess Midstream GP LLC, which is the general partner of Hess Midstream LP. Hess Infrastructure Partners GP LLC is a 50/50 joint venture between HINDL and GIP II Blue Holding, L.P. As such, each of the foregoing entities may be deemed to beneficially own the securities held of record by Hess Midstream GP LP. Each such entity disclaims beneficial ownership of such securities except to the extent of their pecuniary interest therein. |
| F4 | Represents securities held by HINDL. |
| F5 | Reflects the cancellation for no consideration of Class B Shares in connection with the conversion of the Opco Class B Units into Class A Shares. |
| F6 | The Opco Class B Units may be converted at any time into Class A Shares on a one-to-one basis and have no expiration date. |