Form 4 for HESM Hess Midstream LP
Accepted 2022-04-06 00:00:00 ET · period of report 2022-04-04 · accession 0000899243-22-014118 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMI | 2022-04-06 | 2022-04-04 | HESM | Global Infrastructure GP II, L.P. | Dir, 10% | J - Other | $0.00 | -11.90M | 97.92M | -11% | $0 |
| DI | 2022-04-06 | 2022-04-04 | HESM | Global Infrastructure GP II, L.P. | Dir, 10% | C - Cnv Deriv | $0.00 | +5.12M | 5.12M | New | $0 |
| DI | 2022-04-06 | 2022-04-04 | HESM | Global Infrastructure GP II, L.P. | Dir, 10% | S - Sale | $28.50 | -5.12M | 0 | -100% | -$145.85M |
| DI | 2022-04-06 | 2022-04-04 | HESM | Global Infrastructure GP II, L.P. | Dir, 10% | D - Sale to Iss | $29.50 | -6.78M | 103.04M | -6% | -$200.00M |
| DI | 2022-04-06 | 2022-04-04 | HESM | Global Infrastructure GP II, L.P. | Dir, 10% | C - Cnv Deriv | $0.00 | -5.12M | 97.92M | -5% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class B Shares | 2022-04-04 | J | D | 6,779,661 | $0.00 | 103,041,303 | I See footnote | — | — | (F2) Represents securities held by Hess Midstream GP LP. Hess Infrastructure Partners GP LLC is the general partner of Hess Midstream GP LLC, which is the general partner of Hess Midsteam LP. Hess Infrastructure Partners GP LLC is a 50/50 joint venture between Hess Investments North Dakota LLC and GIP II Blue Holding, L.P. ("Blue Holding"). As such, each of the foregoing entities may be deemed to beneficially owned 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. |
| 2 | Common | Class A Shares | 2022-04-04 | C | A | 5,117,500 | $0.00 | 5,117,500 | I See footnotes | — | — | (F4) Global Infrastructure Investors II, LLC ("Global Investors") is the sole general partner of Global Infrastructure GP II, L.P. ("Global GP"), which is the sole member of GIP Blue Holding GP, LLC, ("Blue Holding GP"), which is the general partner of Blue Holding. As such, each of Global Investors, Global GP and Blue Holding GP 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 their pecuniary interest therein. (F3) Represents securities held by Blue Holding. |
| 3 | Common | Class A Shares | 2022-04-04 | S | D | 5,117,500 | $28.50 | 0 | I See footnotes | — | — | (F4) Global Infrastructure Investors II, LLC ("Global Investors") is the sole general partner of Global Infrastructure GP II, L.P. ("Global GP"), which is the sole member of GIP Blue Holding GP, LLC, ("Blue Holding GP"), which is the general partner of Blue Holding. As such, each of Global Investors, Global GP and Blue Holding GP 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 their pecuniary interest therein. (F3) Represents securities held by Blue Holding. |
| 4 | Common | Class B Shares | 2022-04-04 | J | D | 5,117,500 | $0.00 | 97,923,803 | I See footnote | — | — | (F2) Represents securities held by Hess Midstream GP LP. Hess Infrastructure Partners GP LLC is the general partner of Hess Midstream GP LLC, which is the general partner of Hess Midsteam LP. Hess Infrastructure Partners GP LLC is a 50/50 joint venture between Hess Investments North Dakota LLC and GIP II Blue Holding, L.P. ("Blue Holding"). As such, each of the foregoing entities may be deemed to beneficially owned 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. |
| 5 | Derivative | Opco Class B Units | 2022-04-04 | D | D | 6,779,661 | $29.50 | 103,041,303 | I See footnotes | — · — to — | 6,779,661 Class A Shares | (F4) Global Infrastructure Investors II, LLC ("Global Investors") is the sole general partner of Global Infrastructure GP II, L.P. ("Global GP"), which is the sole member of GIP Blue Holding GP, LLC, ("Blue Holding GP"), which is the general partner of Blue Holding. As such, each of Global Investors, Global GP and Blue Holding GP 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 their pecuniary interest therein. (F3) Represents securities held by Blue Holding. (F6) The Opco Class B Units may be converted at any time in to Class A Shares on a one-to-one basis and have no expiration date. |
| 6 | Derivative | Opco Class B Units | 2022-04-04 | C | D | 5,117,500 | $0.00 | 97,923,803 | I See footnotes | — · — to — | 5,117,500 Class A Shares | (F4) Global Infrastructure Investors II, LLC ("Global Investors") is the sole general partner of Global Infrastructure GP II, L.P. ("Global GP"), which is the sole member of GIP Blue Holding GP, LLC, ("Blue Holding GP"), which is the general partner of Blue Holding. As such, each of Global Investors, Global GP and Blue Holding GP 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 their pecuniary interest therein. (F3) Represents securities held by Blue Holding. (F6) The Opco Class B Units may be converted at any time in to Class A Shares on a one-to-one basis and have no expiration date. |