Hess Midstream (HESM) director Global Infrastructure Investors II disposed of 1,650,710 Class B Shares

Insider transactions reported

Global Infrastructure Investors II, LLC (director at Hess Midstream LP, HESM) reported that they disposed of 1,650,710 Class B Shares on Sep 22, 2023. After these transactions the filing shows 74,905,924 Class B Shares held indirectly (See footnote).

Reporting person

Global Infrastructure Investors II, LLC

Options and other derivatives

Holdings before and after

• Class B Shares: 76,556,634 to 74,905,924 indirect, See footnote
• Opco Class B Units: 76,556,634 to 74,905,924 indirect, See footnote

Other positions listed

• Class A Shares: 449,000 indirect, See footnote

Footnotes from the filing

1. 1. Reflects the cancellation for no consideration of Class B Shares in connection with Hess Midstream Operations LP's repurchase of an aggregate 3,301,420 Opco Class B Units from Hess Investments North Dakota LLC ( HINDL ) and GIP II Blue Holding, L.P. ( Blue Holding ) and a subsequent cancellation of such Opco Class B Units.
2. 2. 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 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.
3. 3. 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.
4. 4. Represents securities held by Blue Holding. Global Infrastructure Investors II, LLC is the sole general partner of Global Infrastructure GP II, L.P., which is the sole member of GIP Blue Holding GP, LLC, which is the general partner of Blue Holding. As such, each of the foregoing entities 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 its pecuniary interest therein.

Transaction codes in this filing

Other acquisition or disposition:

Code J marks a transaction that fits no other code. The footnotes describe what happened.

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