SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
EQT Corp

(Last) (First) (Middle)
625 LIBERTY AVENUE, SUITE 1700

(Street)
PITTSBURGH PA 15222

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Equitrans Midstream Corp [ ETRN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
11/01/2018
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 11/01/2018 J(1)(2) 203,669,360(1)(2) D $0 50,599,504(1)(2) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. On October 26, 2018, EQT Corporation (EQT) reported that it owned 100 shares of common stock, without par value (Common Stock) of Equitrans Midstream Corporation (the Issuer), which at the time was all of the issued and outstanding shares of Common Stock. Pursuant to a plan of separation approved by the board of directors of EQT, EQT will make a pro-rata distribution to its shareholders of record as of the close of business on November 1, 2018, of 80.1% of the outstanding Common Stock (the Distribution). In anticipation of the Distribution, which is expected to occur at 11:59 p.m. Eastern Time on November 12, 2018 (the Distribution Date), on November 1, 2018, all 100 shares of Common Stock held by EQT were recapitalized into 254,268,864 shares of Common Stock, which represents all of the issued and outstanding shares of Common Stock as of November 1, 2018.
2. On the Distribution Date, EQT will distribute, subject to the conditions set forth in the Separation and Distribution Agreement by and among EQT, ETRN and, solely for purposes of Section 2.13 therein, EQT Production Company, 203,669,360 of these shares of Common Stock to EQT's shareholders of record as of the close of business on November 1, 2018. EQT will retain the remaining 50,599,504 shares of Common Stock.
/s/ Robert J. McNally Senior Vice President and Chief Financial Officer of EQT Corporation 11/02/2018
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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