Hess Infrastructure Partners GP LLC - Apr 4, 2022 Form 4 Insider Report for Hess Midstream LP (HESM)

Role
Director, 10%+ Owner
Signature
Hess Infrastructure Partners GP LLC by: /s/ Jonathan C. Stein, Chief Financial Officer
Stock symbol
HESM
Transactions as of
Apr 4, 2022
Transactions value $
$0
Form type
4
Date filed
4/6/2022, 05:10 PM
Previous filing
Oct 12, 2021
Next filing
Mar 31, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HESM Class B Shares Other $0 -13.6M -6.17% $0.00 206M Apr 4, 2022 See footnote F1, F2
transaction HESM Class B Shares Other $0 -10.2M -4.97% $0.00 196M Apr 4, 2022 See footnote F2, F3
holding HESM Class A Shares 898K Apr 4, 2022 See footnote F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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 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. Hess Infrastructure Partners GP LLC is the sole member of Hess Midstream GP LLC, which is the general partner of Hess Midstream GP LP. As such, each of the foregoing entities may be deemed to beneficially own the securities held of record by Hess Midstream GP LP.
F3 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.