David W. Niemiec - Mar 8, 2023 Form 4 Insider Report for Hess Midstream LP (HESM)

Role
Director
Signature
Barry Schachter for David Niemiec
Stock symbol
HESM
Transactions as of
Mar 8, 2023
Transactions value $
$0
Form type
4
Date filed
3/10/2023, 04:39 PM
Previous filing
Mar 10, 2022
Next filing
Mar 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HESM Class A Shares Options Exercise $0 +1.94K +4.53% $0.00 44.8K Mar 8, 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 -1.94K -100% $0.00* 0 Mar 8, 2023 Class A Shares 1.94K $0.00 Direct F2
transaction HESM 2023 Phantom Shares Award $0 +2.3K $0.00 2.3K Mar 8, 2023 Class A Shares 2.3K 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.