Key facts
- This page summarizes Global Infrastructure Investors II, LLC's Form 4 filing for Hess Midstream LP (HESM).
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 15 Jan 2025, 17:59.
Global Infrastructure Investors II, LLC - 15 Jan 2025 Form 4 Insider Report for Hess Midstream LP (HESM)
- Reporting relationship
- Director, 10%+ Owner
- Issuer ticker
- HESM
- Reported as of
- 15 Jan 2025
- Net transaction value
- -$62,391,636
- SEC form
- 4
- Accepted by SEC
- 15 Jan 2025, 17:59:42 UTC
- Prior SEC filing
- 20 Sep 2024
- Source filing
- View source filing
- Reporting owner signature
- Global Infrastructure Investors II, LLC, By: /s/ Gregg Myers, Chief Financial Officer
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Global Infrastructure Investors II, LLC filed Form 4 for Hess Midstream LP (HESM) on 15 Jan 2025.
Change
- Previous filing in this sequence was filed on 20 Sep 2024.
- Current net transaction value: -$62,391,636.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
HESM
transaction
Class B Shares
Other
- Transaction value
- $0
- Shares
- -1,605,136
- Change %
- -5%
- Price
- $0.000000
- Shares after
- 30,336,403
- Date
- 15 Jan 2025
- Ownership
- See footnote
- Footnotes
- F1, F2
HESM
transaction
Class B Shares
Other
- Transaction value
- $0
- Shares
- -1,605,136
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 0
- Date
- 15 Jan 2025
- Ownership
- See footnote
- Footnotes
- F3, F4, F5
HESM
holding
Class A Shares
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 449,000
- Date
- 15 Jan 2025
- Ownership
- See footnote
- Footnotes
- F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
HESM
transaction
Derivative
Opco Class B Units
Disposed to Issuer
- Transaction value
- $62,391,636
- Shares
- -1,605,136
- Change %
- -5%
- Price
- $38.87
- Shares after
- 30,336,403
- Date
- 15 Jan 2025
- Ownership
- See footnote
- Underlying class
- Class A Shares
- Underlying amount
- 1,605,136
- Exercise price
- Footnotes
- F5, F6
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 6 footnotes
Footnote F1
Reflects the transfer of 1,605,136 Class B Shares from Hess Midstream GP LP to GIP II Blue Holding, L.P. ("Blue Holding") for no consideration.
Footnote 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. Hess Infrastructure Partners GP LLC is a 50/50 joint venture between HINDL and Blue Holding. As such, each of the foregoing entities may be deemed to beneficially own the securities held of record by Hess Midstream GP LP. Each such entity disclaims beneficial ownership of such securities except to the extent of their pecuniary interest therein.
Footnote F3
Reflects the cancellation for no consideration of Class B Shares in connection with Hess Midstream Operations LP's repurchase of 1,605,136 Opco Class B Units from Blue Holding and a subsequent cancellation of such Opco Class B Units.
Footnote F4
Reflects holdings following a transaction exempt from reporting purusuant to Rule 16a-13.
Footnote F5
Represents securities held by Blue Holding. Global Infrastructure Investors II, LLC is the sole general partner of Global Infrastructure GP II, L.P., which is the sole member of GIP Blue Holding GP, LLC, which is the general partner of Blue Holding. As such, each of the foregoing entities may be deemed to beneficially own the securities held of record by Blue Holding. Each such entity disclaims beneficial ownership of such securities except to the extent of its pecuniary interest therein.
Footnote F6
The Opco Class B Units may be converted at any time into Class A Shares on a one-to-one basis and have no expiration date.