Form 4 for HESM Hess Midstream LP
Accepted 2025-05-30 00:00:00 ET · period of report 2025-05-30 · accession 0000950170-25-079748 · 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 | 2025-05-30 | 2025-05-30 | HESM | BlackRock Portfolio Management LLC | 10% | C - Cnv Deriv | $0.00 | +14.57M | 14.57M | New | $0 |
| DI | 2025-05-30 | 2025-05-30 | HESM | BlackRock Portfolio Management LLC | 10% | S - Sale | $36.86 | -15.02M | 0 | -100% | -$553.73M |
| DI | 2025-05-30 | 2025-05-30 | HESM | BlackRock Portfolio Management LLC | 10% | J - Other | $0.00 | -14.57M | 0 | -100% | $0 |
| DI | 2025-05-30 | 2025-05-30 | HESM | BlackRock Portfolio Management LLC | 10% | C - Cnv Deriv | $36.86 | -14.57M | 0 | -100% | -$537.18M |
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 | 2025-05-30 | C | A | 14,573,517 | $0.00 | 14,573,517 | 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 and BlackRock Portfolio Management LLC disclaims beneficial ownership of such securities except to the extent of its pecuniary interest therein. |
| 2 | Common | Class A Shares | 2025-05-30 | S | D | 15,022,517 | $36.86 | 0 | I See footnote | — | — | (F4) Includes a transfer of 449,000 Class A Shares from Hess Midstream GP LP to Blue Holding in a transaction exempt from reporting pursuant to Rule 16a-13. (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 and BlackRock Portfolio Management LLC disclaims beneficial ownership of such securities except to the extent of its pecuniary interest therein. |
| 3 | Common | Class B Shares | 2025-05-30 | J | D | 14,573,517 | $0.00 | 0 | 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 and BlackRock Portfolio Management LLC disclaims beneficial ownership of such securities except to the extent of their pecuniary interest therein. |
| 4 | Derivative | Opco Class B Units | 2025-05-30 | C | D | 14,573,517 | $36.86 | 0 | I See footnote | — · — to — | 14,573,517 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 and BlackRock Portfolio Management LLC disclaims beneficial ownership of such securities except to the extent of its pecuniary interest therein. (F4) Includes a transfer of 449,000 Class A Shares from Hess Midstream GP LP to Blue Holding in a transaction exempt from reporting pursuant to Rule 16a-13. |