Geurt G. Schoonman - May 6, 2021 Form 4 Insider Report for HESS CORP (HES)

Role
Senior Vice President
Signature
Barry Schachter for Geurt G. Schoonman
Stock symbol
HES
Transactions as of
May 6, 2021
Transactions value $
-$923,373
Form type
4
Date filed
5/7/2021, 06:10 PM
Next filing
Feb 3, 2022

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 $0 +11.5K +29.77% $0.00 50.2K May 6, 2021 Direct F1
transaction HES Common Stock, $1.00 par value Sale -$923K -11.5K -22.94% $80.14 38.7K May 6, 2021 Direct 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 -5.76K -100% $0.00* 0 May 6, 2021 Common Stock, $1.00 par value 5.76K $56.74 Direct
transaction HES Option to purchase Common Stock Options Exercise $0 -5.76K -100% $0.00* 0 May 6, 2021 Common Stock, $1.00 par value 5.76K $56.74 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.
F2 The reported sales transactions were executed at prices ranging from $80.12 to $80.23. 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 This amount includes 11,989 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 he is still an employee of the Corporation.