Gregory P. Hill - Nov 1, 2022 Form 4 Insider Report for HESS CORP (HES)

Role
COO and President, E&P
Signature
Barry Schachter for Gregory P. Hill
Stock symbol
HES
Transactions as of
Nov 1, 2022
Transactions value $
-$4,696,823
Form type
4
Date filed
11/2/2022, 04:36 PM
Previous filing
Aug 19, 2022
Next filing
Feb 2, 2023

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 $3.03M +40.7K +44.36% $74.49 132K Nov 1, 2022 Direct F1
transaction HES Common Stock, $1.00 par value Sale -$4.31M -30.1K -22.75% $143.10 102K Nov 1, 2022 Direct F2
transaction HES Common Stock, $1.00 par value Sale -$3.42M -23.8K -23.24% $143.89 78.4K Nov 1, 2022 Direct F3, F4

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 -10.7K -100% $0.00* 0 Nov 1, 2022 Common Stock, $1.00 par value 10.7K $74.49 Direct
transaction HES Option to purchase Common Stock Options Exercise $0 -15K -100% $0.00* 0 Nov 1, 2022 Common Stock, $1.00 par value 15K $74.49 Direct
transaction HES Option to purchase Common Stock Options Exercise $0 -15K -100% $0.00* 0 Nov 1, 2022 Common Stock, $1.00 par value 15K $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 $142.53 to $143.53. 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 $143.54 to $144.35. The price reported above reflects the weighted average sales price.
F4 This amount includes 28,194 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 Plan 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.