John B. Hess - Nov 20, 2024 Form 4 Insider Report for HESS CORP (HES)

Signature
Barry Schachter for John B. Hess
Stock symbol
HES
Transactions as of
Nov 20, 2024
Transactions value $
-$50,653,074
Form type
4
Date filed
11/22/2024, 07:38 PM
Previous filing
Nov 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HES Common Stock, $1.00 par value Other $0 -1.75M -19.85% $0.00 7.07M Nov 20, 2024 See Note F1, F2
transaction HES Common Stock, $1.00 par value Other $0 +343K $0.00 343K Nov 20, 2024 See Note F1, F3
transaction HES Common Stock, $1.00 par value Other $0 +7.11K $0.00 7.11K Nov 20, 2024 See Note F1, F4
transaction HES Common Stock, $1.00 par value Other $0 +6.32K +2.83% $0.00 229K Nov 20, 2024 Direct F1, F5
transaction HES Common Stock, $1.00 par value Sale -$5.95M -40.6K -11.84% $146.53 302K Nov 20, 2024 See Note F3, F6
transaction HES Common Stock, $1.00 par value Sale -$12.4M -84.4K -27.92% $147.34 218K Nov 20, 2024 See Note F3, F7
transaction HES Common Stock, $1.00 par value Sale -$8.94M -60.4K -27.74% $147.96 157K Nov 21, 2024 See Note F3, F8
transaction HES Common Stock, $1.00 par value Sale -$9.54M -64.1K -40.74% $148.64 93.3K Nov 21, 2024 See Note F3, F9
transaction HES Common Stock, $1.00 par value Sale -$61.4K -411 -0.44% $149.34 92.9K Nov 21, 2024 See Note F3, F10
transaction HES Common Stock $1.00 par value Sale -$12.5M -84.9K -91.4% $147.74 7.99K Nov 22, 2024 See Note F3, F11
transaction HES Common Stock, $1.00 par value Sale -$1.19M -7.99K -100% $148.38 0 Nov 22, 2024 See Note F3, F12
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects a pro-rata distribution for no consideration, from the limited partnership referred to in Note 2. As to 356,321 shares, this transaction represents a change only in form of beneficially ownership. The remaining shares were distributed to partners as to which the reporting person has no reporting obligations.
F2 Held by a previously reported limited partnership. The reporting person is on the management committee of the general partner of this limited partnership.
F3 Held by a previously reported limited liability company, for which the reporting person serves as investment manager.
F4 Held by a trust established for the benefit of the reporting person.
F5 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.
F6 The reported sales transactions were executed at prices ranging from $145.92 to $146.92. 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.
F7 The reported sales transactions were executed at prices ranging from $146.93 to $147.66. The price reported above reflects the weighted average sales price.
F8 The reported sales transactions were executed at prices ranging from $147.32 to $148.31. The price reported above reflects the weighted average sales price.
F9 The reported sales transactions were executed at prices ranging from $148.32 to $149.32. The price reported above reflects the weighted average sales price.
F10 The reported sales transactions were executed at prices ranging from $149.33 to $149.36. The price reported above reflects the weighted average sales price.
F11 The reported sales transactions were executed at prices ranging from $147.25 to $148.25. The price reported above reflects the weighted average sales price.
F12 The reported sales transactions were executed at prices ranging from $148.26 to $148.53. The price reported above reflects the weighted average sales price.