4//SEC Filing
NIEMIEC DAVID W 4
Accession 0001209191-19-060969
CIK 0001619739other
Filed
Dec 16, 7:00 PM ET
Accepted
Dec 17, 6:10 PM ET
Size
7.9 KB
Accession
0001209191-19-060969
Insider Transaction Report
Form 4
NIEMIEC DAVID W
Director
Transactions
- Disposition to Issuer
Common Units
2019-12-16−30,995→ 0 total - Disposition to Issuer
2019 Phantom Units
2019-12-16−2,856→ 0 total→ Common Units (2,856 underlying)
Footnotes (3)
- [F1]Pursuant to the Agreement and Plan of Merger dated October 3, 2019 (the "Merger Agreement"), each Common Unit of Hess Midstream Partners LP ("Old HESM") issued and outstanding prior to the effective time of the transactions contemplated by the Merger Agreement (the "Effective Time") (other than any Old HESM Common Units held by the Existing Sponsors or the HIP Entities (as defined in the Merger Agreement) as of immediately prior to the Effective Time), was automatically converted into the right to receive one validly issued, fully paid and non-assessable Class A Share of Hess Midstream LP ("New HESM").
- [F2]Each phantom unit is the economic equivalent of one common unit.
- [F3]Pursuant to the Merger Agreement, each issued and outstanding Phantom Unit of Old HESM owned by the Reporting Person immediately prior to the Effective Time, whether vested or unvested, was automatically converted into an equal number of Phantom Shares of New HESM. The number of New HESM Class A Shares subject to each New HESM Phantom Share is equal to the number of Old HESM Common Units subject to such Phantom Unit immediately prior to the Effective Time. Each New HESM Phantom Share will continue to be subject to the same terms and conditions as applied to the corresponding Phantom Unit immediately prior to the Effective Time.
Documents
Issuer
Hess Midstream Partners LP
CIK 0001619739
Entity typeother
Related Parties
1- filerCIK 0001102903
Filing Metadata
- Form type
- 4
- Filed
- Dec 16, 7:00 PM ET
- Accepted
- Dec 17, 6:10 PM ET
- Size
- 7.9 KB