John P. Rielly - 04 Mar 2022 Form 4 Insider Report for HESS CORP (HES)

Role
EVP and CFO
Signature
Barry Schachter for John P. Rielly
Issuer symbol
HES
Transactions as of
04 Mar 2022
Net transactions value
-$2,684,411
Form type
4
Filing time
08 Mar 2022, 20:14:57 UTC
Previous filing
03 Feb 2022
Next filing
02 Feb 2023
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 $836,858 +14,749 +5% $56.74 310,682 04 Mar 2022 Direct F1
transaction HES Common Stock, $1.00 par value Sale $1,475,342 -14,749 -4.7% $100.03 295,933 04 Mar 2022 Direct F2
transaction HES Common Stock, $1.00 par value Options Exercise $509,928 +10,256 +3.5% $49.72 306,189 04 Mar 2022 Direct F1
transaction HES Common Stock, $1.00 par value Sale $1,025,703 -10,256 -3.3% $100.01 295,933 04 Mar 2022 Direct F3
transaction HES Common Stock, $1.00 par value Options Exercise $1,396,885 +17,385 +5.9% $80.35 313,318 04 Mar 2022 Direct F1
transaction HES Common Stock, $1.00 par value Sale $955,591 -9,515 -3% $100.43 303,803 04 Mar 2022 Direct F4
transaction HES Common Stock, $1.00 par value Sale $795,500 -7,870 -2.6% $101.08 295,933 04 Mar 2022 Direct F5
transaction HES Common Stock, $1.00 par value Options Exercise $1,418,886 +19,048 +6.4% $74.49 314,981 04 Mar 2022 Direct F1
transaction HES Common Stock, $1.00 par value Sale $1,907,086 -19,048 -6% $100.12 295,933 04 Mar 2022 Direct F6
transaction HES Common Stock, $1.00 par value Award $0 +5,140 +1.7% $0.000000 301,073 06 Mar 2022 Direct
transaction HES Common Stock, $1.00 par value Sale $687,746 -6,990 -2.3% $98.39 294,083 07 Mar 2022 Direct F7, F8

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 2022 Performance Share Unit Award $0 +13,614 $0.000000 13,614 06 Mar 2022 Common Stock, $1.00 par value 27,228 $0.000000 Direct F9, F10
transaction HES Option to purchase Common Stock Award $0 +4,387 $0.000000 4,387 06 Mar 2022 Common Stock, $1.00 par value 4,387 $101.17 Direct
transaction HES Option to purchase Common Stock Award $0 +4,387 $0.000000 4,387 06 Mar 2022 Common Stock, $1.00 par value 4,387 $101.17 Direct
transaction HES Option to purchase Common Stock Award $0 +4,387 $0.000000 4,387 06 Mar 2022 Common Stock, $1.00 par value 4,387 $101.17 Direct
transaction HES Option to purchase Common Stock Options Exercise $0 -7,374 -100% $0.000000* 0 04 Mar 2022 Common Stock, $1.00 par value 7,374 $56.74 Direct
transaction HES Option to purchase Common Stock Options Exercise $0 -7,375 -100% $0.000000* 0 04 Mar 2022 Common Stock, $1.00 par value 7,375 $56.74 Direct
transaction HES Option to purchase Common Stock Options Exercise $0 -10,256 -100% $0.000000* 0 04 Mar 2022 Common Stock, $1.00 par value 10,256 $49.72 Direct
transaction HES Option to purchase Common Stock Options Exercise $0 -5,795 -100% $0.000000* 0 04 Mar 2022 Common Stock, $1.00 par value 5,795 $80.35 Direct
transaction HES Option to purchase Common Stock Options Exercise $0 -5,795 -100% $0.000000* 0 04 Mar 2022 Common Stock, $1.00 par value 5,795 $80.35 Direct
transaction HES Option to purchase Common Stock Options Exercise $0 -5,795 -100% $0.000000* 0 04 Mar 2022 Common Stock, $1.00 par value 5,795 $80.35 Direct
transaction HES Option to purchase Common Stock Options Exercise $0 -6,349 -100% $0.000000* 0 04 Mar 2022 Common Stock, $1.00 par value 6,349 $74.49 Direct
transaction HES Option to purchase Common Stock Options Exercise $0 -6,349 -100% $0.000000* 0 04 Mar 2022 Common Stock, $1.00 par value 6,349 $74.49 Direct
transaction HES Option to purchase Common Stock Options Exercise $0 -6,350 -100% $0.000000* 0 04 Mar 2022 Common Stock, $1.00 par value 6,350 $74.49 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 $100.00 to $100.18. 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 The reported sales transactions were executed at prices ranging from $100.00 to $100.14. The price reported above reflects the weighted average sales price.
F4 The reported sales transactions were executed at prices ranging from $100.00 to $100.99. The price reported above reflects the weighted average sales price.
F5 The reported sales transactions were executed at prices ranging from $101.00 to $101.99. The price reported above reflects the weighted average sales price.
F6 The reported sales transactions were executed at prices ranging from $100.00 to $100.38. The price reported above reflects the weighted average sales price.
F7 Shares sold solely to satisfy tax withholding on vesting of shares of restricted stock.
F8 This amount includes 12,000 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 the reporting person is still an employee of the Corporation.
F9 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.
F10 Not applicable