Filing Details
- Accession Number:
- 0001209191-23-017383
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-03-08 19:56:49
- Reporting Period:
- 2023-03-06
- Accepted Time:
- 2023-03-08 19:56:49
- SEC Url:
- Form 4 Filing
Issuer
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1736369 | D. Richard Lynch | C/O Hess Corporation 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 | 2023-03-06 | 2,826 | $0.00 | 44,248 | No | 4 | A | Direct | |
| Common Stock, $1.00 Par Value | Disposition | 2023-03-07 | 1,815 | $137.41 | 42,433 | No | 4 | S | Direct | |
| Common Stock, $1.00 Par Value | Disposition | 2023-03-07 | 17,713 | $138.92 | 24,720 | No | 4 | S | Direct | |
| Common Stock, $1.00 Par Value | Disposition | 2023-03-07 | 1,098 | $0.00 | 23,622 | No | 4 | G | Direct | |
| Common Stock, $1.00 Par Value | Acquisiton | 2023-03-07 | 7,226 | $49.72 | 30,848 | No | 4 | M | Direct | |
| Common Stock, $1.00 Par Value | Disposition | 2023-03-07 | 7,226 | $138.94 | 23,622 | No | 4 | S | Direct | |
| Common Stock, $1.00 Par Value | Acquisiton | 2023-03-07 | 3,484 | $75.04 | 27,106 | No | 4 | M | Direct | |
| Common Stock, $1.00 Par Value | Disposition | 2023-03-07 | 3,484 | $138.86 | 23,622 | No | 4 | S | Direct | |
| Common Stock, $1.00 Par Value | Acquisiton | 2023-03-07 | 2,953 | $101.17 | 26,575 | No | 4 | M | Direct | |
| Common Stock, $1.00 Par Value | Disposition | 2023-03-07 | 2,953 | $138.96 | 23,622 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | A | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | G | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| 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 | Option to purchase Common Stock | Disposition | 2023-03-07 | 7,226 | $0.00 | 7,226 | $49.72 |
| Common Stock, $1.00 Par Value | Option to purchase Common Stock | Disposition | 2023-03-07 | 3,484 | $0.00 | 3,484 | $75.04 |
| Common Stock, $1.00 Par Value | Option to purchase Common Stock | Disposition | 2023-03-07 | 2,953 | $0.00 | 2,953 | $101.17 |
| Common Stock, $1.00 Par Value | 2023 Performance Share Unit | Acquisiton | 2023-03-06 | 6,711 | $0.00 | 14,093 | $0.00 |
| Common Stock, $1.00 Par Value | Option to purchase Common Stock | Acquisiton | 2023-03-06 | 2,101 | $0.00 | 2,101 | $141.55 |
| Common Stock, $1.00 Par Value | Option to purchase Common Stock | Acquisiton | 2023-03-06 | 2,101 | $0.00 | 2,101 | $141.55 |
| Common Stock, $1.00 Par Value | Option to purchase Common Stock | Acquisiton | 2023-03-06 | 2,102 | $0.00 | 2,102 | $141.55 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2023-03-06 | 2030-03-06 | No | 4 | M | Direct |
| 0 | 2023-03-06 | 2031-03-06 | No | 4 | M | Direct |
| 0 | 2023-03-06 | 2032-03-06 | No | 4 | M | Direct |
| 6,711 | No | 4 | A | Direct | ||
| 2,101 | 2024-03-06 | 2033-03-06 | No | 4 | A | Direct |
| 2,101 | 2025-03-06 | 2033-03-06 | No | 4 | A | Direct |
| 2,102 | 2026-03-06 | 2033-03-06 | No | 4 | A | Direct |
Footnotes
- Shares sold solely to satisfy tax withholding on vesting of shares of restricted stock.
- The reported sales transactions were executed at prices ranging from $138.89 to $139.02. 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.
- Common Stock acquired upon exercise of options granted under the Corporation's Long-Term Incentive Plans.
- The reported sales transactions were executed at prices ranging from $138.90 to $139.02. The price reported above reflects the weighted average sales price.
- This amount includes 6,510 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 the reporting person 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 210% of such Performance Share Unit depending on the performance of the total shareholder return of Hess common stock compared with that of the XOP Total Return Index and the S&P 500 Total Return Index over a three year performance period ending December 31, 2025, as more particularly described in the applicable award agreement.
- Not applicable
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