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DT Midstream, Inc. — Director's Dealing 2022
May 13, 2022
30538_dirs_2022-05-13_3b604761-07c1-43eb-9c8e-f4cb6a9d3b26.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: DT Midstream, Inc. (DTM)
CIK: 0001842022
Period of Report: 2022-05-06
Reporting Person: Cox Melissa (Sr. VP Admin.)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1025 | Direct |
| Common Stock | 358.766 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Units | $ | Common Stock (512.86) | Direct | ||
| Restricted Stock Units | $ | Common Stock (512.86) | Direct | ||
| Restricted Stock Units | $ | Common Stock (4503.86) | Direct | ||
| Restricted Stock Units | $ | Common Stock (529.86) | Direct |
Footnotes
F1: Pursuant to the Employee Matters Agreement dated as of June 25, 2021 between DTE Energy Company and the Issuer, the Reporting Person received restricted stock units of the Issuer to replace restricted stock and restricted stock units held by the Reporting Person immediately before the legal and structural separation of the Issuer from DTE Energy Company (the "Spin-off") that were granted to the Reporting Person pursuant to an equity plan of DTE Energy Company and were forfeited in connection with the Spin-off.
F2: This restricted stock unit will vest on January 29, 2023, subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date.
F3: Includes shares of the Issuer's common stock acquired under the Issuer's dividend reinvestment plan.
F4: Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock with any fractional shares being paid in cash.
F5: This restricted stock unit will vest on January 27, 2024, subject to the Reporting Persons' continued employment with the Issuer through the applicable vesting date.
F6: This restricted stock unit will vest 25% on August 2, 2023, 25% on August 2, 2024 and 50% on August 2, 2025, subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date.
F7: This restricted stock unit will vest on February 4, 2025, subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date.