ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

HESM Hess Midstream LP

37.32
0.11 (0.30%)
After Hours
Last Updated: 22:30:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Hess Midstream LP NYSE:HESM NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.11 0.30% 37.32 37.6029 37.05 37.47 558,370 22:30:00

Statement of Changes in Beneficial Ownership (4)

31/03/2023 9:24pm

Edgar (US Regulatory)


FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Global Infrastructure Investors II, LLC
2. Issuer Name and Ticker or Trading Symbol

Hess Midstream LP [ HESM ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    __X__ 10% Owner
_____ Officer (give title below)    _____ Other (specify below)
(Last)          (First)          (Middle)

1345 AVENUE OF THE AMERICAS, 30TH FLOOR
3. Date of Earliest Transaction (MM/DD/YYYY)

3/30/2023
(Street)

NEW YORK, NY 10105
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

___ Form filed by One Reporting Person
_ X _ Form filed by More than One Reporting Person
(City)        (State)        (Zip)
Rule 10b5-1(c) Transaction Indication
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class B Shares 3/30/2023  J(1)  1809627 D$0.00 96114176 I See footnote (2)
Class A Shares         449000 I See footnote (2)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Opco Class B Units  (3)3/30/2023  D     1809627   (3) (3)Class A Shares 1809627 $27.63 96114176 I See footnote (4)

Explanation of Responses:
(1) Reflects the cancellation for no consideration of Class B Shares in connection with Hess Midstream Operations LP's repurchase of an aggregate 3,619,254 Opco Class B Units from Hess Investments North Dakota LLC ("HINDL") and GIP II Blue Holding, L.P. ("Blue Holding") and a subsequent cancellation of such Opco Class B Units.
(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.
(3) 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.
(4) 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.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Global Infrastructure Investors II, LLC
1345 AVENUE OF THE AMERICAS, 30TH FLOOR
NEW YORK, NY 10105
XX

Global Infrastructure GP II, L.P.
1345 AVENUE OF THE AMERICAS, 30TH FLOOR
NEW YORK, NY 10105
XX

GIP Blue Holding GP, LLC
1345 AVENUE OF THE AMERICAS, 30TH FLOOR
NEW YORK, NY 10105
XX

GIP II Blue Holding, L.P.
1345 AVENUE OF THE AMERICAS, 30TH FLOOR
NEW YORK, NY 10105
XX


Signatures
Global Infrastructure Investors II, LLC By: /s/ Mark Levitt, Secretary3/31/2023
**Signature of Reporting PersonDate

Global Infrastructure GP II, L.P. By: Global Infrastructure Investors II, LLC, its general partner By: /s/ Mark Levitt, Secretary3/31/2023
**Signature of Reporting PersonDate

GIP Blue Holding GP, LLC By: /s/ Mark Levitt, Manager3/31/2023
**Signature of Reporting PersonDate

GIP II Blue Holding, L.P. By: GIP Blue Holding GP, LLC, its general partner, By: /s/ Mark Levitt, Manager3/31/2023
**Signature of Reporting PersonDate


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

1 Year Hess Midstream Chart

1 Year Hess Midstream Chart

1 Month Hess Midstream Chart

1 Month Hess Midstream Chart

Your Recent History

Delayed Upgrade Clock