Richard L. Redmond Jr - Jan 30, 2022 Form 4 Insider Report for DT Midstream, Inc. (DTM)

Role
E.V.P., Chief Admin. Off.
Signature
/s/ Wendy Ellis, Attorney-in-Fact
Stock symbol
DTM
Transactions as of
Jan 30, 2022
Transactions value $
-$35,381
Form type
4
Date filed
2/10/2022, 08:14 PM
Previous filing
Aug 3, 2021
Next filing
Feb 25, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DTM Common Stock Options Exercise +2.31K +213% 3.4K Jan 30, 2022 Direct F1, F2, F3
transaction DTM Common Stock Tax liability -$35.4K -702 -20.67% $50.40 2.69K Jan 30, 2022 Direct
transaction DTM Common Stock Award $0 +3.86K +143.28% $0.00 6.55K Feb 4, 2022 Direct F4
holding DTM Common Stock 1.27K Jan 30, 2022 By 401(k) 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 DTM Restricted Stock Units Options Exercise $0 +2.31K $0.00* 0 Jan 30, 2022 Common Stock 2.31K Direct F1, F5
transaction DTM Restricted Stock Units Award $0 +2.33K $0.00 2.33K Feb 4, 2022 Common Stock 2.33K Direct F1, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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