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EQT Corp Director's Dealing 2015

May 15, 2015

30112_dirs_2015-05-15_c12b1361-a282-4d1b-825e-6daa389aac04.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EQT GP Holdings, LP (EQGP)
CIK: 0001632933
Period of Report: 2015-05-15

Reporting Person: EQT Corp (10% Owner)
Reporting Person: EQT Gathering Holdings, LLC (10% Owner)
Reporting Person: EQT Production Co (10% Owner)
Reporting Person: EQT Investments Holdings, LLC (10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2015-05-15 Common Units J 266165000 Acquired 266165000 Indirect
2015-05-15 Common Units J 26450000 $27.00 Disposed 239715000 Indirect

Footnotes

F1: Pursuant to a recapitalization in connection with the initial public offering of the Issuer's common units, 99.9% of the outstanding limited partner interests of the Issuer were converted into 265,899,000 common units of the Issuer held by EQT Gathering Holdings, LLC (Gathering Holdings), and the remaining 0.1% of the outstanding limited partner interests of the Issuer were converted into 266,000 common units of the Issuer held by EQT GP Corporation.

F2: This Form 4 is being filed jointly by EQT Corporation (EQT), EQT Investments Holdings, LLC (Investments Holdings), EQT Production Company (EQT Production) and Gathering Holdings. The common units of the Issuer are owned directly by Gathering Holdings and EQT GP Corporation. Gathering Holdings is the sole stockholder of EQT GP Corporation. EQT Production directly owns 100% of the outstanding membership interests of Gathering Holdings. Investments Holdings is the sole stockholder of EQT Production. EQT directly owns 100% of the outstanding membership interests of Investments Holdings. EQT, Investments Holdings, EQT Production and Gathering Holdings may therefore be deemed to beneficially own securities of the Issuer owned directly by EQT GP Corporation and Gathering Holdings.

F3: On May 15, 2015, Gathering Holdings sold 26,450,000 common units of the Issuer to the public in connection with the initial public offering of the Issuer at a price of $27.00 per common unit.