Jonathan C. Stein - 13 Mar 2023 Form 4 Insider Report for Hess Midstream LP (HESM)

Role
Chief Financial Officer
Signature
Barry Schachter for Jonathan C. Stein
Issuer symbol
HESM
Transactions as of
13 Mar 2023
Net transactions value
-$108,781
Form type
4
Filing time
15 Mar 2023, 16:51:21 UTC
Previous filing
10 Mar 2023
Next filing
29 Dec 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 +7,781 +20% $0.000000 47,170 13 Mar 2023 Direct F1
transaction HESM Class A Shares Sale $108,781 -3,973 -8.4% $27.38 43,197 13 Mar 2023 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 -7,781 -100% $0.000000* 0 13 Mar 2023 Class A Shares 7,781 $0.000000 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 2020 phantom shares vested on March 13, 2023 and have no expiration date.