Filing Details
- Accession Number:
- 0001209191-22-017412
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2022-03-08 21:17:42
- Reporting Period:
- 2022-03-04
- Accepted Time:
- 2022-03-08 21:17:42
- 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 | Disposition | 2022-03-04 | 137,380 | $100.14 | 77,501 | No | 4 | S | Direct | |
Common Stock, $1.00 Par Value | Disposition | 2022-03-04 | 12,620 | $101.08 | 64,881 | No | 4 | S | Direct | |
Common Stock, $1.00 Par Value | Disposition | 2022-03-04 | 197,184 | $99.91 | 8,081,853 | No | 4 | S | Indirect | See Note |
Common Stock, $1.00 Par Value | Disposition | 2022-03-04 | 52,816 | $100.63 | 8,029,037 | No | 4 | S | Indirect | See Note |
Common Stock, $1.00 Par Value | Disposition | 2022-03-07 | 110,434 | $100.53 | 7,918,603 | No | 4 | S | Indirect | See Note |
Common Stock, $1.00 Par Value | Disposition | 2022-03-07 | 62,531 | $100.24 | 7,856,072 | No | 4 | S | Indirect | See Note |
Common Stock, $1.00 Par Value | Disposition | 2022-03-08 | 67,037 | $100.30 | 7,789,035 | No | 4 | S | Indirect | See Note |
Common Stock, $1.00 Par Value | Disposition | 2022-03-08 | 9,998 | $101.37 | 7,779,037 | No | 4 | S | Indirect | See Note |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Direct | |
No | 4 | S | Direct | |
No | 4 | S | Indirect | See Note |
No | 4 | S | Indirect | See Note |
No | 4 | S | Indirect | See Note |
No | 4 | S | Indirect | See Note |
No | 4 | S | Indirect | See Note |
No | 4 | S | Indirect | See Note |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock, $1.00 Par Value | 2022 Performance Share Unit | Acquisiton | 2022-03-06 | 52,361 | $0.00 | 104,722 | $0.00 |
Common Stock, $1.00 Par Value | Option to purchase Common Stock | Acquisiton | 2022-03-06 | 33,746 | $0.00 | 33,746 | $101.17 |
Common Stock, $1.00 Par Value | Option to purchase Common Stock | Acquisiton | 2022-03-06 | 33,747 | $0.00 | 33,747 | $101.17 |
Common Stock, $1.00 Par Value | Option to purchase Common Stock | Acquisiton | 2022-03-06 | 33,747 | $0.00 | 33,747 | $101.17 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
52,361 | No | 4 | A | Direct | ||
33,746 | 2023-03-06 | 2032-03-06 | No | 4 | A | Direct |
33,747 | 2024-03-06 | 2032-03-06 | No | 4 | A | Direct |
33,747 | 2025-03-06 | 2032-03-06 | No | 4 | A | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock, $1.00 Par Value | 278,212 | Indirect | See Note |
Footnotes
- The reported sales transactions were executed at prices ranging from $100.00 to $100.90. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide, upon request, to the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares and prices at which the transactions reported on this form were effected.
- The reported sales transactions were executed at prices ranging from $101.04 to $101.15. The price reported above reflects the weighted average sales price.
- This amount includes 185,455 shares that were distributed from a previously reported grantor retained annuity trust established for the benefit of the reporting person and his children.
- The reported sales transactions were executed at prices ranging from $99.29 to $100.21. The price reported above reflects the weighted average sales price.
- Held by a previously reported charitable lead annuity trust established under the will of Leon Hess. The reporting person is one of five trustees of the trust.
- The reported sales transactions were executed at prices ranging from $100.22 to $101.16. The price reported above reflects the weighted average sales price.
- The reported sales transactions were executed at prices ranging from $100.00 to $100.98. The price reported above reflects the weighted average sales price.
- The reported sales transactions were executed at prices ranging from $101.01 to $101.71. The price reported above reflects the weighted average sales price.
- The reported sales transactions were executed at prices ranging from $100.00 to $100.87. The price reported above reflects the weighted average sales price.
- The reported sales transactions were executed at prices ranging from $101.01 to $101.53. The price reported above reflects the weighted average sales price.
- Reflects 278,212 shares held in a grantor annuity trust for the benefit of the reporting person and his children.
- 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, 2024, as more particularly described in the applicable award agreement.
- Not applicable.