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DT Midstream, Inc. — Director's Dealing 2022
Feb 10, 2022
30538_dirs_2022-02-10_f1bfb736-71e5-40a3-b6d2-fc7210bcdb71.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: DT Midstream, Inc. (DTM)
CIK: 0001842022
Period of Report: 2022-01-30
Reporting Person: Redmond Richard L Jr (E.V.P., Chief Admin. Off.)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-01-30 | Common Stock | M | 2311 | — | Acquired | 3396 | Direct |
| 2022-01-30 | Common Stock | F | 702 | $50.40 | Disposed | 2694 | Direct |
| 2022-02-04 | Common Stock | A | 3860 | — | Acquired | 6554 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-01-30 | Restricted Stock Units | $ | M | 2311.61 | Acquired | Common Stock (2311.61) | Direct | |
| 2022-02-04 | Restricted Stock Units | $ | A | 2329 | Acquired | Common Stock (2329) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1270.6229 | Indirect |
Footnotes
F1: 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.
F2: Includes shares of the Issuer's common stock received as a result of the pro rata distribution from DTE Energy Company effected in connection with the legal and structural separation of the Issuer from DTE Energy Company.
F3: Includes shares of the Issuer's common stock acquired under the Issuer's dividend reinvestment plan.
F4: Represents shares of the Issuer's common stock earned in respect of performance stock units, as certified by the Organization and Compensation Committee of the board of directors of the Issuer on February 4, 2022 based on achievement of the applicable performance conditions over the applicable performance period.
F5: This restricted stock unit vested on January 30, 2022.
F6: This restricted stock unit will vest on February 4, 2025, subject to the Reporting Persons' continued employment with the Issuer through the applicable vesting date