John B. Hess - 29 Feb 2024 Form 4 Insider Report for HESS CORP (HES)

Role
Chief Executive Officer, Director
Signature
Barry Schachter for John B. Hess
Issuer symbol
HES
Transactions as of
29 Feb 2024
Net transactions value
-$24,685,063
Form type
4
Filing time
29 Feb 2024, 18:36:38 UTC
Previous filing
09 Feb 2024
Next filing
08 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HES Common Stock, $1.00 par value Options Exercise $5,936,660 +73,885 +53% $80.35 212,603 29 Feb 2024 Direct F1
transaction HES Common Stock, $1.00 par value Sale $10,777,605 -73,885 -35% $145.87 138,718 29 Feb 2024 Direct
transaction HES Common Stock, $1.00 par value Sale $19,844,118 -135,900 -28% $146.02 353,203 29 Feb 2024 See Footnote 3 F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction HES Option to purchase Common Stock Options Exercise $0 -24,629 -100% $0.000000* 0 29 Feb 2024 Common Stock, $1.00 par value 24,629 $80.35 Direct
transaction HES Option to purchase Common Stock Options Exercise $0 -24,628 -100% $0.000000* 0 29 Feb 2024 Common Stock, $1.00 par value 24,628 $80.35 Direct
transaction HES Option to purchase Common Stock Options Exercise $0 -24,628 -100% $0.000000* 0 29 Feb 2024 Common Stock, $1.00 par value 24,628 $80.35 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Common Stock acquired upon exercise of options granted under the Corporation's Long-Term Incentive Plans. The options expire on March 4, 2024.
F2 The reported sales transactions were executed at prices ranging from $145.66 to $146.58. 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.
F3 Held by a previously reported limited liability company, for which the reporting person serves as investment manager.