RUPE RYAN K (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 · 1 exercise

RUPE RYAN K

Filed: 3/13/2019ACC: 0001513965-19-000018

InsiderRUPE RYAN KCIK 1601884

→

IssuerTHIRD COAST MIDSTREAM, LLCCIK 1513965

Officer· Vice President

Since Feb 2019

+52.24K

Net shares

Net buyer

$30.9K

Total sold

Open market trades

0B · 0S

Total transactions

60K acquired · 7.76K disposed

Non-Derivative Transactions2

Common Units (limited partner interests)

Direct

M · Option Exercise

+30K

Price / share

—

Trade value

—

% of position

87.7%

3/11/2019

34.19K→64.19K

Common Units (limited partner interests)

Direct

F · Tax Withholding

−7.76K

Price / share

$3.98

Trade value

$30.90K

% of position

12.1%

3/11/2019

64.19K→56.43K

Total

Net shares

+22.24K

Net value

-$30.90K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Units (limited partner interests) Direct	3/11/2019	M · Option Exercise	+30K	—	—	87.7%	34.19K	64.19K
Common Units (limited partner interests) Direct	3/11/2019	F · Tax Withholding	−7.76K	$3.98	$30.90K	12.1%	64.19K	56.43K
Total			+22.24K		-$30.90K

Derivative Transactions1

Phantom units

Direct

M · Option Exercise

Converts to

Common Units (limited partner interests)

30K shares

+30K

Strike price

Held after

0.00

Exercisable

—

3/11/2019

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Phantom units Direct	Common Units (limited partner interests)30K shares	3/11/2019	M · Option Exercise	+30K		—	0.00

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)4

Phantom units

Direct

Underlying security

Common Units (limited partner interests)

Underlying shares

10.73K

Shares owned

10.73K

Exercise price

Expiration

—

Exercise window

—

Phantom units

Direct

Underlying security

Common Units (limited partner interests)

Underlying shares

23.15K

Shares owned

23.15K

Exercise price

Expiration

—

Exercise window

—

Phantom units

Direct

Underlying security

Common Units (limited partner interests)

Underlying shares

8.87K

Shares owned

8.87K

Exercise price

Expiration

—

Exercise window

—

Phantom units

Direct

Underlying security

Common Units (limited partner interests)

Underlying shares

55K

Shares owned

55K

Exercise price

Expiration

—

Exercise window

—

Total

Underlying

97.75K

Owned

97.75K

Security	Underlying	Exercise Window	Expiration	Underlying Shares	Shares Owned
Phantom units Direct	Common Units (limited partner interests)	—	—	10.73K	10.73K
Phantom units Direct	Common Units (limited partner interests)	—	—	23.15K	23.15K
Phantom units Direct	Common Units (limited partner interests)	—	—	8.87K	8.87K
Phantom units Direct	Common Units (limited partner interests)	—	—	55K	55K
Total				97.75K	97.75K