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
Cik Name Symbol Sector (SIC) IRS No
4447 Hess Corp HES Petroleum Refining (2911) 134921002
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
  1. Shares sold solely to satisfy tax withholding on vesting of shares of restricted stock.
  2. 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.
  3. Common Stock acquired upon exercise of options granted under the Corporation's Long-Term Incentive Plans.
  4. 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.
  5. 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.
  6. 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.
  7. Not applicable