4//SEC Filing
Swisher Phillip D. 4
Accession 0001104659-18-068567
CIK 0001747009other
Filed
Nov 13, 7:00 PM ET
Accepted
Nov 14, 8:06 PM ET
Size
14.6 KB
Accession
0001104659-18-068567
Insider Transaction Report
Form 4
Swisher Phillip D.
VP & Chief Accounting Officer
Transactions
- Other
Common Stock
2018-11-12+2,839→ 2,839 total - Other
Common Stock
2018-11-12+324→ 324 total(indirect: By Savings Plan) - Award
Restricted Stock Units
2018-11-12+322→ 322 total→ Common Stock (322 underlying) - Award
Restricted Stock Units
2018-11-12+804→ 804 total→ Common Stock (804 underlying) - Award
Restricted Stock Units
2018-11-12+441→ 441 total→ Common Stock (441 underlying)
Footnotes (7)
- [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 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.
- [F3]Each restricted stock unit represents a contingent right to receive in cash the economic equivalent of one share of ETRN common stock.
- [F4]In connection with the spin-off of ETRN from EQT, for each EQT restricted stock unit held by the Reporting Person immediately prior to the spin-off, the Reporting Person received 0.8 ETRN restricted stock units pursuant to the Employee Matters Agreement between ETRN and EQT.
- [F5]Restricted stock units vest 100% on January 1, 2020, which is the third anniversary of the original grant date of the corresponding award from EQT.
- [F6]Restricted stock units vest 100% in the first quarter of 2019. These restricted stock units correspond to confirmed performance awards under EQT's 2017 Value Driver Award Program.
- [F7]Restricted stock units vest 100% on January 1, 2021, which is the third anniversary of the original grant date of the corresponding award from EQT.
Documents
Issuer
Equitrans Midstream Corp
CIK 0001747009
Entity typeother
Related Parties
1- filerCIK 0001756106
Filing Metadata
- Form type
- 4
- Filed
- Nov 13, 7:00 PM ET
- Accepted
- Nov 14, 8:06 PM ET
- Size
- 14.6 KB