Filing Details
- Accession Number:
- 0001209191-22-007079
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2022-02-03 20:40:00
- Reporting Period:
- 2022-02-01
- Accepted Time:
- 2022-02-03 20:40:00
- SEC Url:
- Form 4 Filing
Issuer
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1799427 | G Geurt Schoonman | 1185 Avenue Of The Americas New York NY 10036 | Senior Vice President | No | 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 | Acquisiton | 2022-02-01 | 7,665 | $0.00 | 46,366 | No | 4 | M | Direct | |
| Common Stock, $1.00 Par Value | Disposition | 2022-02-03 | 1,906 | $91.00 | 44,460 | No | 4 | S | Direct | |
| Common Stock, $1.00 Par Value | Acquisiton | 2022-02-03 | 11,905 | $74.49 | 56,365 | No | 4 | M | Direct | |
| Common Stock, $1.00 Par Value | Disposition | 2022-02-03 | 11,905 | $92.79 | 44,460 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | 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 | 2019 Performance Share Unit | Disposition | 2022-02-01 | 4,380 | $0.00 | 7,665 | $0.00 |
| Common Stock, $1.00 Par Value | Option to purchase Common Stock | Disposition | 2022-02-03 | 3,968 | $0.00 | 3,968 | $74.49 |
| Common Stock, $1.00 Par Value | Option to purchase Common Stock | Disposition | 2022-02-03 | 3,968 | $0.00 | 3,968 | $74.49 |
| Common Stock, $1.00 Par Value | Option to purchase Common Stock | Disposition | 2022-02-03 | 3,969 | $0.00 | 3,969 | $74.49 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | No | 4 | M | Direct | ||
| 0 | 2016-03-03 | 2025-03-03 | No | 4 | M | Direct |
| 0 | 2017-03-03 | 2025-03-03 | No | 4 | M | Direct |
| 0 | 2018-03-03 | 2025-03-03 | No | 4 | M | Direct |
Footnotes
- Represents shares of Hess Corporation common stock earned upon vesting of Performance Share Units granted on March 6, 2019, 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, 2021.
- Shares sold solely to satisfy tax withholding on vesting of shares of Hess Corporation common stock earned from Performance Share Units
- Common Stock acquired upon exercise of options granted under the Corporation's Long-Term Incentive Plans.
- This amount includes 11,989 shares held in escrow pursuant to the Corporation's Long Term Incentive Plans. The reporting person has only voting power of these shares until lapsing of the period set by the Committee administering the Plans 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 shareholder return of Hess common stock compared with that of its peers over a three year performance period ending December 31, 2021, as more particularly described in the applicable award agreement.
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