Jonathan C. Stein - 13 Mar 2022 Form 4 Insider Report for Hess Midstream LP (HESM)

Signature
Barry Schachter for Jonathan C. Stein
Issuer symbol
HESM
Transactions as of
13 Mar 2022
Net transactions value
-$123,719
Form type
4
Filing time
15 Mar 2022, 17:49:08 UTC
Previous filing
10 Mar 2022
Next filing
10 Mar 2023

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 +25% $0.000000 39,395 13 Mar 2022 Direct F1
transaction HESM Class A Shares Sale $123,719 -3,973 -10% $31.14 35,422 15 Mar 2022 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 -50% $0.000000 7,781 13 Mar 2022 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 remaining 2020 phantom shares vests on March 13, 2023 and have no expiration date.