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
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 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
  1. 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.
  2. 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.
  3. 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.
  4. 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.
  5. 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.
  6. 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.
  7. 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.
  8. 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.
  9. 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.
  10. 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.
  11. Reflects 278,212 shares held in a grantor annuity trust for the benefit of the reporting person and his children.
  12. 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.
  13. Not applicable.