Form 4 for HESM Hess Midstream LP
Accepted 2021-10-12 00:00:00 ET · period of report 2021-10-08 · accession 0001209191-21-060253 · 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 | 2021-10-12 | 2021-10-08 | HESM | Hess Investments North Dakota LLC | Dir, 10% | S - Sale | $25.12 | -4.31M | 0 | -100% | -$108.33M |
| DI | 2021-10-12 | 2021-10-08 | HESM | Hess Investments North Dakota LLC | Dir, 10% | J - Other | $0.00 | -4.31M | 109.82M | -4% | $0 |
| DI | 2021-10-12 | 2021-10-08 | HESM | Hess Investments North Dakota LLC | Dir, 10% | C - Cnv Deriv | $0.00 | +4.31M | 4.31M | New | $0 |
| DI | 2021-10-12 | 2021-10-08 | HESM | Hess Investments North Dakota LLC | Dir, 10% | C - Cnv Deriv | $0.00 | -4.31M | 109.82M | -4% | $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 | 2021-10-08 | S | D | 4,312,500 | $25.12 | 0 | I See footnotes | — | — | (F2) Hess Infrastructure Partners GP LLC is the sole member of Hess Midstream GP LLC, which is the general partner of Hess Midstream LP. Hess Infrastructure Partners GP LLC is a 50/50 joint venture between HINDL and GIP II Blue Holding, L.P. 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. (F1) Represents securities held by Hess Investments North Dakota LLC ("HINDL"). |
| 2 | Common | Class B Shares | 2021-10-08 | J | D | 4,312,500 | $0.00 | 109,820,964 | I See footnotes | — | — | (F2) Hess Infrastructure Partners GP LLC is the sole member of Hess Midstream GP LLC, which is the general partner of Hess Midstream LP. Hess Infrastructure Partners GP LLC is a 50/50 joint venture between HINDL and GIP II Blue Holding, L.P. 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. (F4) Represents securities held by Hess Midstream GP LP. HINDL is an indirect, wholly owned subsidiary of Hess Corporation, a publicly traded company listed on the New York Stock Exchange. As a result, Hess Corporation may be deemed to beneficially own the securities held of record by HINDL and Hess Midstream GP LP. Hess Corporation disclaims beneficial ownership of such securities except to the extent of its pecuniary interest therein. |
| 3 | Common | Class A Shares | 2021-10-08 | C | A | 4,312,500 | $0.00 | 4,312,500 | I See footnotes | — | — | (F2) Hess Infrastructure Partners GP LLC is the sole member of Hess Midstream GP LLC, which is the general partner of Hess Midstream LP. Hess Infrastructure Partners GP LLC is a 50/50 joint venture between HINDL and GIP II Blue Holding, L.P. 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. (F1) Represents securities held by Hess Investments North Dakota LLC ("HINDL"). |
| 4 | Derivative | Opco Class B Units | 2021-10-08 | C | D | 4,312,500 | $0.00 | 109,820,964 | I See Footnotes | — · — to — | 4,312,500 Class A Shares | (F2) Hess Infrastructure Partners GP LLC is the sole member of Hess Midstream GP LLC, which is the general partner of Hess Midstream LP. Hess Infrastructure Partners GP LLC is a 50/50 joint venture between HINDL and GIP II Blue Holding, L.P. 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. (F1) Represents securities held by Hess Investments North Dakota LLC ("HINDL"). (F5) 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. |