John A. Gatling - Mar 13, 2023 Form 4 Insider Report for Hess Midstream LP (HESM)

Role
President and COO
Signature
Barry Schachter for John A. Gatling
Stock symbol
HESM
Transactions as of
Mar 13, 2023
Transactions value $
-$83,838
Form type
4
Date filed
3/15/2023, 04:53 PM
Previous filing
Mar 10, 2023
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 +7.78K +17.26% $0.00 52.9K Mar 13, 2023 Direct F1
transaction HESM Class A Shares Sale -$83.8K -3.06K -5.79% $27.38 49.8K Mar 13, 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 -7.78K -100% $0.00* 0 Mar 13, 2023 Class A Shares 7.78K $0.00 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.