John B. Hess - Nov 6, 2024 Form 4 Insider Report for HESS CORP (HES)

Signature
Barry Schachter for John B. Hess
Stock symbol
HES
Transactions as of
Nov 6, 2024
Transactions value $
-$71,096,303
Form type
4
Date filed
11/7/2024, 05:15 PM
Previous filing
Jun 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HES Common Stock, $1.00 par value Sale -$939K -6.56K -0.08% $143.15 7.77M Nov 6, 2024 See Note F1, F7
transaction HES Common Stock, $1.00 par value Sale -$7.81M -54.3K -0.7% $143.83 7.72M Nov 6, 2024 See Note F2, F7
transaction HES Common Stock, $1.00 par value Sale -$44.5K -308 0% $144.40 7.72M Nov 6, 2024 See Note F3, F7
transaction HES Common Stock, $1.00 par value Sale -$3.33M -23.3K -6.59% $143.13 330K Nov 6, 2024 See Note F4, F8
transaction HES Common Stock, $1.00 par value Sale -$30.8M -214K -64.95% $143.84 116K Nov 6, 2024 See Note F2, F8
transaction HES Common Stock, $1.00 par value Sale -$178K -1.23K -1.06% $144.40 114K Nov 6, 2024 See Note F3, F8
transaction HES Common Stock, $1.00 par value Sale -$3.96M -27.9K -24.37% $141.86 86.5K Nov 7, 2024 See Note F5, F8
transaction HES Common Stock, $1.00 par value Sale -$12.3M -86.5K -100% $142.56 0 Nov 7, 2024 See Note F6, F8
transaction HES Common Stock, $1.00 par value Sale -$1.34M -9.46K -0.12% $141.86 7.71M Nov 7, 2024 See Note F5, F7
transaction HES Common Stock, $1.00 par value Sale -$4.18M -29.3K -0.38% $142.56 7.68M Nov 7, 2024 See Note F6, F7
transaction HES Common Stock, $1.00 par value Options Exercise $6.74M +90.5K +40.55% $74.49 314K Nov 7, 2024 Direct
transaction HES Common Stock, $1.00 par value Sale -$12.9M -90.5K -28.85% $142.47 223K Nov 7, 2024 Direct F9

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 -30.2K -100% $0.00 0 Nov 7, 2024 Common Stock, $1.00 par value 30.2K $74.49 Direct
transaction HES Option to purchase Common Stock Options Exercise $0 -30.2K -100% $0.00 0 Nov 7, 2024 Common Stock, $1.00 par value 30.2K $74.49 Direct
transaction HES Option to purchase Common Stock Options Exercise $0 -30.2K -100% $0.00 0 Nov 7, 2024 Common Stock, $1.00 par value 30.2K $74.49 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported sales transactions were executed at prices ranging from $142.34 to $143.33. 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 in this report were affected.
F2 The reported sales transactions were executed at prices ranging from $143.34 to $144.34. The price reported above reflects the weighted average sales price.
F3 The reported sales transactions were executed at prices ranging from $144.35 to $144.50. The price reported above reflects the weighted average sales price.
F4 The reported sales transactions were executed at prices ranging from $142.34 to $143.34. The price reported above reflects the weighted average sales price.
F5 The reported Sales transactions were executed at prices ranging from $141.16 to $142.16. The price reported above reflects the weighted average sales price.
F6 The reported Sales transactions were executed at prices ranging from $142.16 to $143.16. The price reported above reflects the weighted average sales price.
F7 Held by a previously reported charitable lead annuity trust established under the will of Leon Hess. The reporting person is one of the trustees of the trust. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
F8 Held by a previously reported limited liability company, for which the reporting person serves as investment manager.
F9 This amount includes 84,429 shares held in escrow pursuant to the Corporation's 2008 Long Term Incentive Plans. The reporting person has only voting power of these shares until the 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.