Form 4 for HESM Hess Midstream LP

Accepted 2023-11-16 00:00:00 ET · period of report 2023-11-16 · accession 0000950170-23-064553 · 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
DI	2023-11-16	2023-11-16	HESM	GIP Blue Holding GP, LLC	Dir, 10%	J - Other	$0.00	-2.10M	72.81M	-3%	$0
DI	2023-11-16	2023-11-16	HESM	GIP Blue Holding GP, LLC	Dir, 10%	D - Sale to Iss	$29.67	-2.10M	72.81M	-3%	-$62.18M

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Class B Shares	2023-11-16	J	D	2,095,813	$0.00	72,810,111	I See footnote	—	—	(F2) 2. 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.
2	Derivative	Opco Class B Units	2023-11-16	D	D	2,095,813	$29.67	72,810,111	I See footnote	— · — to —	2,095,813 Class A Shares	(F4) 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. (F3) 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.