Filing Details
- Accession Number:
- 0001209191-21-007934
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-02-04 20:32:06
- Reporting Period:
- 2021-02-02
- Accepted Time:
- 2021-02-04 20:32:06
- SEC Url:
- Form 4 Filing
Issuer
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1087997 | B John Hess | Hess Corporation 1185 Avenue Of The Americas New York NY 10036 | Chief Executive Officer | Yes | Yes | Yes | 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 | Acquisiton | 2021-02-02 | 150,880 | $0.00 | 1,495,004 | No | 4 | M | Direct | |
| Common Stock, $1.00 Par Value | Disposition | 2021-02-04 | 150,880 | $57.37 | 1,344,124 | No | 4 | S | Direct | |
| Common Stock, $1.00 Par Value | Disposition | 2021-02-04 | 150,880 | $57.43 | 1,193,244 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock, $1.00 Par Value | 2018 Performance Share Unit | Disposition | 2021-02-02 | 75,440 | $0.00 | 150,880 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | No | 4 | M | Direct |
Footnotes
- Represents shares of Hess Corporation common stock earned upon vesting of Performance Share Units granted on March 6, 2018, based on the relative performance of total shareholder return of Hess common stock compared with that of its peers over the three-year performance period ending December 31, 2020.
- The sale of shares set forth herein are made in connection with a selling plan dated December 18, 2020 that is intended to comply with Rule 10b5-1(c).
- Includes 75,168 shares sold solely to satisfy tax withholding on vesting of shares of Hess Corporation common stock earned from Performance Share Units.
- 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 shareholder return of Hess common stock compared with that of its peers over a three year performance period ending December 31, 2020, as more particularly described in the applicable award agreement.
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