Filing Details
- Accession Number:
- 0001209191-13-015335
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2013-03-08 16:50:47
- Reporting Period:
- 2013-03-06
- Filing Date:
- 2013-03-08
- Accepted Time:
- 2013-03-08 16:50:47
- SEC Url:
- Form 4 Filing
Issuer
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1191137 | Borden F Walker | Hess Corporation 1185 Avenue Of The Americas New York NY 10036 | Executive Vice President | Yes | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock, $1.00 Par Value | Disposition | 2013-03-06 | 10,737 | $70.31 | 150,832 | No | 4 | S | Direct | |
| Common Stock, $1.00 Par Value | Acquisiton | 2013-03-06 | 13,832 | $0.00 | 164,664 | No | 4 | A | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct | |
| No | 4 | A | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock, $1.00 Par Value | 2013 Performance Share Unit | Acquisiton | 2013-03-06 | 13,832 | $0.00 | 27,664 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 13,832 | No | 4 | A | Direct |
Footnotes
- Shares sold solely to satisfy tax withholding on vesting of shares of restricted stock.
- Reflects award of restricted stock. This amount includes 46,651 shares held in escrow pursuant to the Corporation's 2008 Long Term Incentive Plan and Second Amended and Restated 1995 Long-Term Incentive Plan. The reporting person has only voting power of these shares until lapsing of the period set by the Committee administering the Plan at which time the shares plus accrued dividends will be delivered to the reporting person if he is still an employee of the Corporation.
- Each Performance Share Unit entitles the holder to a payout of shares of Hess common stock equal to between 0% and 200% of such Performance Share Unit depending on the relative performance of the total sharholder return of Hess common stock compared with that of its peers over a three year performance period ending December 31, 2015, as more particularly described in the applicable award agreement.
- Not applicable
Billionaire Hedge Funds
