| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | EQT | Common Stock | Award | +9.24K | +832.34% | 10.3K | Jul 22, 2024 | Direct | F1, F2 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | EQT | Deferred Compensation-Phantom Units | Award | +50.2K | +1245.68% | 54.3K | Jul 22, 2024 | Common Stock | 50.2K | Direct | F1, F3, F4, F5, F6 | |||
| transaction | EQT | Restricted Stock Units | Award | $0 | +4.21K | $0.00 | 4.21K | Jul 22, 2024 | Common Stock | 4.21K | Direct | F7, F8 |
| Id | Content |
|---|---|
| F1 | On July 22, 2024 (the "Closing Date"), EQT Corporation ("EQT") completed its acquisition (the "Merger") of Equitrans Midstream Corporation ("Equitrans") pursuant to the Agreement and Plan of Merger, dated as of March 10, 2024 (the "Merger Agreement"), by and among EQT, certain of EQT's subsidiaries and Equitrans. |
| F2 | Received in exchange for 26,369 shares of Equitrans common stock in connection with the Merger. Pursuant to the Merger Agreement, each issued and outstanding share of Equitrans common stock, excluding any Excluded Shares (as defined in the Merger Agreement), was converted into the right to receive 0.3504 shares of EQT common stock, with cash in lieu of fractional shares. On the Closing Date, the closing price of Equitrans common stock was $12.42 per share and the closing price of EQT common stock was $35.67 per share. |
| F3 | Each phantom unit is the economic equivalent of one share of EQT common stock. |
| F4 | Award represents compensation that is deferred until retirement. |
| F5 | Received in exchange for 143,339 Equitrans phantom units in connection with the Merger. |
| F6 | Includes accrued dividends. |
| F7 | Each restricted stock unit represents a right to receive one share of EQT common stock. |
| F8 | All of the restricted stock units granted to the reporting person on July 22, 2024 will vest on the date of EQT's 2025 Annual Meeting of Shareholders, subject to the conditions set forth in the award. Shares of EQT common stock will be delivered to the reporting person either upon vesting or, if the reporting person elected to defer receipt, following cessation of service as a director. |