J. PATRICK REDDY - 08 Mar 2023 Form 4 Insider Report for Hess Midstream LP (HESM)

Role
Director
Signature
Barry Schachter for John P. Reddy
Issuer symbol
HESM
Transactions as of
08 Mar 2023
Net transactions value
$0
Form type
4
Filing time
10 Mar 2023, 16:36:44 UTC
Previous filing
01 Jun 2022
Next filing
02 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HESM Class A Shares Options Exercise $0 +1,939 +12% $0.000000 18,671 08 Mar 2023 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 2022 Phantom Shares Options Exercise $0 -1,939 -100% $0.000000* 0 08 Mar 2023 Class A Shares 1,939 $0.000000 Direct F2
transaction HESM 2023 Phantom Shares Award $0 +2,299 $0.000000 2,299 08 Mar 2023 Class A Shares 2,299 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 2022 for service as director. Each phantom share is the economic equivalent of one Class A share.
F2 The 2022 phantom shares vested on March 8, 2023 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, 2024 and have no expiration date.