4//SEC Filing
PETRELLI CHARLENE 4
Accession 0001104659-18-068564
CIK 0001747009other
Filed
Nov 13, 7:00 PM ET
Accepted
Nov 14, 8:04 PM ET
Size
25.7 KB
Accession
0001104659-18-068564
Insider Transaction Report
Form 4
PETRELLI CHARLENE
Sr VP & Chief Admin Officer
Transactions
- Other
Common Stock
2018-11-12+28,731→ 28,731 total - Award
Common Stock
2018-11-12+6,650→ 35,381 total - Other
Common Stock
2018-11-12+16,038→ 16,038 total(indirect: By Savings Plan) - Award
Employee Stock Option (Right to Buy)
2018-11-12+0→ 0 totalExp: 2022-01-01→ Common Stock - Award
Employee Stock Option (Right to Buy)
2018-11-12+0→ 0 totalExp: 2023-01-01→ Common Stock - Award
Employee Stock Option (Right to Buy)
2018-11-12+0→ 0 totalExp: 2024-01-01→ Common Stock - Award
Employee Stock Option (Right to Buy)
2018-11-12+0→ 0 totalExp: 2025-01-01→ Common Stock - Award
Employee Stock Option (Right to Buy)
2018-11-12+0→ 0 totalFrom: 2019-01-01Exp: 2026-01-01→ Common Stock - Award
Employee Stock Option (Right to Buy)
2018-11-12+0→ 0 totalFrom: 2020-01-01Exp: 2027-01-01→ Common Stock - Award
Employee Stock Option (Right to Buy)
2018-11-12+0→ 0 totalFrom: 2021-01-01Exp: 2028-01-01→ Common Stock
Footnotes (6)
- [F1]In connection with the spin-off of Equitrans Midstream Corporation (ETRN) from EQT Corporation (EQT) on November 12, 2018, for each share of EQT common stock held by the Reporting Person immediately prior to the spin-off, the Reporting Person received 0.8 shares of ETRN common stock in whole shares, with partial shares paid in cash, in an exempt transaction pursuant to Rule 16a-9 of the Securities Exchange Act of 1934, as amended.
- [F2]In connection with the spin-off of ETRN from EQT, for each share of EQT restricted stock held by the Reporting Person immediately prior to the spin-off, the Reporting Person received 0.8 shares of ETRN restricted stock pursuant to the Employee Matters Agreement between ETRN and EQT.
- [F3]2,819 shares of restricted stock vest on January 1, 2020, which is the third anniversary of the original grant date of the corresponding award from EQT. The remaining 3,831 shares of restricted stock vest on January 1, 2021, which is the third anniversary of the original grant date of the corresponding award from EQT.
- [F4]In connection with the spin-off of ETRN from EQT, for each share of EQT common stock held through the EQT Corporation Employee Savings Plan (Savings Plan) immediately prior to the spin-off, 0.8 shares of ETRN common stock were distributed to the Savings Plan in an exempt transaction pursuant to Rule 16a-9 of the Securities Exchange Act of 1934, as amended.
- [F5]In connection with the spin-off of ETRN from EQT, for each outstanding EQT stock option award held by the Reporting Person immediately prior to the spin-off, the Reporting Person received a stock option award from ETRN. The number of underlying shares and exercise price of each ETRN stock option award will be calculated in a manner intended to preserve the aggregate intrinsic value of the original EQT stock option award (based in part on the volume weighted average per-share price of ETRN's common stock during each of the first ten full NYSE trading sessions commencing November 13, 2018). Once the exercise price and number of underlying shares has been determined in respect of each grant, an amended Form 4 will be filed disclosing such information.
- [F6]The option has vested as to all shares subject to the grant.
Documents
Issuer
Equitrans Midstream Corp
CIK 0001747009
Entity typeother
Related Parties
1- filerCIK 0001240751
Filing Metadata
- Form type
- 4
- Filed
- Nov 13, 7:00 PM ET
- Accepted
- Nov 14, 8:04 PM ET
- Size
- 25.7 KB