Filing Details

Accession Number:
0001209191-17-019372
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-03-08 17:50:21
Reporting Period:
2017-03-06
Filing Date:
2017-03-08
Accepted Time:
2017-03-08 17:50:21
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
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 2017-03-07 13,144 $51.03 1,897,098 No 4 S Direct
Common Stock, $1.00 Par Value Disposition 2017-03-07 11,187 $49.87 1,885,911 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
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 2017 Performance Share Unit Acquisiton 2017-03-06 113,224 $0.00 226,448 $0.00
Common Stock, $1.00 Par Value Option to purchase Common Stock Acquisiton 2017-03-06 58,925 $0.00 58,925 $51.03
Common Stock, $1.00 Par Value Option to purchase Common Stock Acquisiton 2017-03-06 58,925 $0.00 58,925 $51.03
Common Stock, $1.00 Par Value Option to purchase Common Stock Acquisiton 2017-03-06 58,925 $0.00 58,925 $51.03
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
113,224 No 4 A Direct
58,925 2018-03-06 2027-03-06 No 4 A Direct
58,925 2019-03-06 2027-03-06 No 4 A Direct
58,925 2020-03-06 2027-03-06 No 4 A Direct
Footnotes
  1. Shares sold solely to satisfy tax withholding on vesting of shares of restricted stock.
  2. This amount includes 25,507 shares held in escrow pursuant to the Corporation's 2008 Long Term Incentive Plan. The reporting person has only voting power of these shares until the lapsing of the period set by the Committee administering the Plan at which time the shares plus accrued dividends will be delivered to the reporting person if he is still an employee of the Corporation.
  3. 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, 2019, as more particularly described in the applicable award agreement.
  4. Not applicable