Form 4 for HESM Hess Midstream LP
Accepted 2024-09-20 00:00:00 ET · period of report 2024-09-20 · accession 0000950170-24-108487 · 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 | 2024-09-20 | 2024-09-20 | HESM | Global Infrastructure Investors II, LLC | Dir, 10% | C - Cnv Deriv | $0.00 | +12.65M | 12.65M | New | $0 |
| DI | 2024-09-20 | 2024-09-20 | HESM | Global Infrastructure Investors II, LLC | Dir, 10% | S - Sale | $35.12 | -12.65M | 0 | -100% | -$444.27M |
| DI | 2024-09-20 | 2024-09-20 | HESM | Global Infrastructure Investors II, LLC | Dir, 10% | J - Other | $0.00 | -12.65M | 31.94M | -28% | $0 |
| DI | 2024-09-20 | 2024-09-20 | HESM | Global Infrastructure Investors II, LLC | Dir, 10% | C - Cnv Deriv | $0.00 | -12.65M | 31.94M | -28% | $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 A Shares | 2024-09-20 | C | A | 12,650,000 | $0.00 | 12,650,000 | I See footnote | — | — | (F3) 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. |
| 2 | Common | Class A Shares | 2024-09-20 | S | D | 12,650,000 | $35.12 | 0 | I See footnote | — | — | (F3) 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. |
| 3 | Common | Class B Shares | 2024-09-20 | J | D | 12,650,000 | $0.00 | 31,941,539 | I See 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 Hess Investments North Dakota LLC ("HINDL") and GIP II Blue Holding, L.P. ("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. |
| 4 | Derivative | Opco Class B Units | 2024-09-20 | C | D | 12,650,000 | $0.00 | 31,941,539 | I See footnote | — · — to — | 12,650,000 Class A Shares | (F3) 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. (F4) 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. |