4//SEC Filing
HESS CORP 4
Accession 0000950170-25-005944
CIK 0001789832operating
Filed
Jan 14, 7:00 PM ET
Accepted
Jan 15, 6:18 PM ET
Size
12.2 KB
Accession
0000950170-25-005944
Insider Transaction Report
Form 4
HESS CORP
Director10% Owner
Transactions
- Other
Class B Shares
2025-01-15−1,605,136→ 30,336,403 total(indirect: See footnote) - Disposition to Issuer
Opco Class B Units
2025-01-15$38.87/sh−967,541$37,608,319→ 81,018,146 total(indirect: See footnote)→ Class A Shares (967,541 underlying)
Holdings
- 50,681,743(indirect: See footnote)
Class B Shares
- 449,000(indirect: See footnote)
Class A Shares
Hess Investments North Dakota LLC
Director10% Owner
Transactions
- Disposition to Issuer
Opco Class B Units
2025-01-15$38.87/sh−967,541$37,608,319→ 81,018,146 total(indirect: See footnote)→ Class A Shares (967,541 underlying) - Other
Class B Shares
2025-01-15−1,605,136→ 30,336,403 total(indirect: See footnote)
Holdings
- 50,681,743(indirect: See footnote)
Class B Shares
- 449,000(indirect: See footnote)
Class A Shares
Footnotes (5)
- [F1]Reflects (i) the cancellation for no consideration of 967,541 Class B Shares in connection with Hess Midstream Operations LP's repurchase of 967,541 Opco Class B Units from Hess Investments North Dakota LLC ("HINDL") and the subsequent cancellation of such Opco Class B Units, and (ii) the transfer of 637,595 Class B Shares from Hess Midstream GP LP to HINDL for no consideration.
- [F2]Reflects holdings following a transaction exempt from reporting pursuant to Rule 16a-13.
- [F3]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 GIP II 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.
- [F4]Represents securities held by HINDL. 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.
- [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.
Documents
Issuer
Hess Midstream LP
CIK 0001789832
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000004447
Filing Metadata
- Form type
- 4
- Filed
- Jan 14, 7:00 PM ET
- Accepted
- Jan 15, 6:18 PM ET
- Size
- 12.2 KB