Global Infrastructure Investors II, LLC 4
4 · Hess Midstream Partners LP · Filed Dec 17, 2019
Insider Transaction Report
Form 4
Global Infrastructure Investors II, LLC
Director10% Owner
Transactions
- Disposition to Issuer
Common Units
2019-12-16−5,141,327→ 0 total(indirect: See footnote) - Disposition to Issuer
Subordinated Units
2019-12-16−13,639,827→ 0 total(indirect: See footnote)→ Common Units (13,639,827 underlying)
Footnotes (2)
- [F1]Pursuant to the Agreement and Plan of Merger dated October 3, 2019 (the "Merger Agreement"), each Common Unit and Subordinated Unit of Hess Midstream Partners LP ("Old HESM") held by the Reporting Persons prior to the effective time of the transactions contemplated by the Merger Agreement (the "Effective Time) were exchanged for 898,000 Class A Shares, 266,416,928 Class B Shares and 133,208,464 Opco Class B Units of Hess Midstream LP ("New HESM").
- [F2]The securities reported herein are held by GIP II Blue Holding Partnership, L.P. ("Blue Holding"). Global Infrastructure Investors II, LLC ("Global Investors") is the sole general partner of Global Infrastructure GP II, L.P. ("Global GP"), which is the sole member of GIP Blue Holding GP, LLC, ("Blue Holding GP"), which is the general partner of Blue Holding. As such, each of Global Investors, Global GP and Blue Holding GP 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 their pecuniary interest therein.