DOREY LOUIS J (Senior Vice President) exercised options at THIRD COAST MIDSTREAM, LLC

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 2 exercises

DOREY LOUIS J

Filed: 4/3/2019ACC: 0001513965-19-000046

InsiderDOREY LOUIS JCIK 1599183

→

IssuerTHIRD COAST MIDSTREAM, LLCCIK 1513965

Officer· Senior Vice President

Since Feb 2019

0.00

Net shares

Net seller

$0.00

Total acquired

Open market trades

0B · 0S

Total transactions

10.76K acquired · 10.76K disposed

Non-Derivative Transactions2

Common Units (limited partner interests)

Direct

M · Option Exercise

+4.40K

Price / share

—

Trade value

—

% of position

7.7%

4/1/2019

57.31K→61.70K

Common Units (limited partner interests)

Direct

M · Option Exercise

+6.37K

Price / share

—

Trade value

—

% of position

10.3%

4/1/2019

61.70K→68.07K

Total

Net shares

+10.76K

Net value

$0.00

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Units (limited partner interests) Direct	4/1/2019	M · Option Exercise	+4.40K	—	—	7.7%	57.31K	61.70K
Common Units (limited partner interests) Direct	4/1/2019	M · Option Exercise	+6.37K	—	—	10.3%	61.70K	68.07K
Total			+10.76K		$0.00

Derivative Transactions2

Phantom units

Direct

M · Option Exercise

Converts to

Common Units (limited partner interests)

4.40K shares

−4.40K

Strike price

Held after

8.80K

Exercisable

—

4/1/2019

Phantom units

Direct

M · Option Exercise

Converts to

Common Units (limited partner interests)

6.37K shares

−6.37K

Strike price

Held after

19.10K

Exercisable

—

4/1/2019

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Phantom units Direct	Common Units (limited partner interests)4.40K shares	4/1/2019	M · Option Exercise	−4.40K		—	8.80K
Phantom units Direct	Common Units (limited partner interests)6.37K shares	4/1/2019	M · Option Exercise	−6.37K		—	19.10K

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)2

Phantom units

Direct

Underlying security

Common Units (limited partner interests)

Underlying shares

12.10K

Shares owned

12.10K

Exercise price

Expiration

—

Exercise window

—

Phantom units

Direct

Underlying security

Common Units (limited partner interests)

Underlying shares

60K

Shares owned

60K

Exercise price

Expiration

—

Exercise window

—

Total

Underlying

72.10K

Owned

72.10K

Security	Underlying	Exercise Window	Expiration	Underlying Shares	Shares Owned
Phantom units Direct	Common Units (limited partner interests)	—	—	12.10K	12.10K
Phantom units Direct	Common Units (limited partner interests)	—	—	60K	60K
Total				72.10K	72.10K