Nathan P. Tetlow - 27 Jun 2024 Form 4 Insider Report for Equitrans Midstream Corp (ETRN)

Role
SVP Commercial Services
Signature
Lisa M. Lind, Attorney-in-Fact for Nathan P. Tetlow
Issuer symbol
ETRN
Transactions as of
27 Jun 2024
Transactions value $
-$77,477
Form type
4
Filing time
01 Jul 2024, 16:41:18 UTC
Previous filing
28 Feb 2024
Next filing
22 Jul 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ETRN Common Stock Award $0 +16.4K +16.99% $0.00 113K 27 Jun 2024 Direct F1
transaction ETRN Common Stock Tax liability -$77.5K -5.87K -5.18% $13.21 107K 27 Jun 2024 Direct F2
holding ETRN Common Stock 988 27 Jun 2024 By IRA
holding ETRN Common Stock 653 27 Jun 2024 By Savings Plan

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ETRN Deferred Stock Units Award $0 +16.4K $0.00 16.4K 27 Jun 2024 Common Stock 16.4K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On June 27, 2024, tranche 1 of the performance awards under the Company's 2021 MVP Performance Share Unit Award Program (2021 MVP Program) vested and were paid in Company common stock.
F2 The Company, consistent with its practice, withheld shares to satisfy the tax liability associated with the vesting of the awards under the 2021 MVP Program.
F3 Each deferred stock unit is the economic equivalent of one share of common stock.
F4 Deferred stock units representing tranches 2 and 3 of performance awards under the 2021 MVP Program will vest and be paid out in the form of common stock in two equal installments on June 11, 2025 and June 11, 2026, respectively.