Filing Details

Accession Number:
0001209191-22-018056
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-03-10 19:53:52
Reporting Period:
2022-03-08
Accepted Time:
2022-03-10 19:53:52
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1789832 Hess Midstream Lp HESM () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1702312 A. John Gatling 1501 Mckinney Street
Houston TX 77010
President And Coo No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Shares Acquisiton 2022-03-08 3,662 $0.00 63,635 No 4 M Direct
Class A Shares Acquisiton 2022-03-08 3,720 $0.00 67,355 No 4 M Direct
Class A Shares Disposition 2022-03-09 1,798 $32.41 65,557 No 4 S Direct
Class A Shares Disposition 2022-03-10 30,489 $32.44 35,068 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Shares 2019 Phantom Shares Disposition 2022-03-08 3,662 $0.00 3,662 $0.00
Class A Shares 2021 Phantom Shares Disposition 2022-03-08 3,720 $0.00 3,720 $0.00
Class A Shares 2022 Phantom Shares Acquisiton 2022-03-08 7,458 $0.00 7,458 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 M Direct
7,441 No 4 M Direct
7,458 No 4 A Direct
Footnotes
  1. Class A shares acquired upon settlement of phantom shares granted under Hess Midstream's 2017 Long Term Incentive Plan.
  2. Shares sold solely to satisfy tax withholding upon settlement of phantom shares
  3. The reported purchase transactions were executed at prices ranging from $32.36 to $32.69. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide, upon request, to the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares and prices at which the transactions were effected.
  4. The 2019 phantom shares vested on March 8, 2022 and have no expiration date.
  5. The remaining 2021 phantom shares vest ratably on March 8, 2023 and March 8, 2024 and have no expiration date.
  6. Each phantom share is the economic equivalent of one Class A Share.
  7. The phantom shares will vest in three equal installments beginning on March 8, 2023 and have no expiration date.