Filing Details

Accession Number:
0001209191-22-017411
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-03-08 21:16:40
Reporting Period:
2022-03-06
Accepted Time:
2022-03-08 21:16:40
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 2022-03-06 3,460 $0.00 50,963 No 4 A Direct
Common Stock, $1.00 Par Value Disposition 2022-03-07 1,939 $98.39 49,024 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A 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 2022 Performance Share Unit Acquisiton 2022-03-06 9,163 $0.00 18,326 $0.00
Common Stock, $1.00 Par Value Option to purchase Common Stock Acquisiton 2022-03-06 2,953 $0.00 2,953 $101.17
Common Stock, $1.00 Par Value Option to purchase Common Stock Acquisiton 2022-03-06 2,953 $0.00 2,953 $101.17
Common Stock, $1.00 Par Value Option to purchase Common Stock Acquisiton 2022-03-06 2,953 $0.00 2,953 $101.17
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
9,163 No 4 A Direct
2,953 2023-03-06 2032-03-06 No 4 A Direct
2,953 2024-03-06 2032-03-06 No 4 A Direct
2,953 2025-03-06 2032-03-06 No 4 A Direct
Footnotes
  1. Shares sold solely to satisfy tax withholding on vesting of shares of restricted stock.
  2. This amount includes 8,293 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.
  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, 2024, as more particularly described in the applicable award agreement.
  4. Not applicable.