Andrew P. Slentz - 07 Nov 2022 Form 4 Insider Report for HESS CORP (HES)

Role: Senior Vice President
Signature: Barry Schachter for Andrew P. Slentz
Issuer symbol: HES
Transactions as of: 07 Nov 2022
Net transactions value: -$3,573,550
Form type: 4
Filing time: 08 Nov 2022, 16:01:12 UTC
Previous filing: 06 Sep 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	$885,342	+18,262	+62%	$48.48	47,589	07 Nov 2022	Direct	F1
transaction	HES	Common Stock, $1.00 par value	Options Exercise	$1,087,160	+19,157	+40%	$56.75	66,746	07 Nov 2022	Direct	F1
transaction	HES	Common Stock, $1.00 par value	Sale	$4,075,754	-27,524	-41%	$148.08	39,222	07 Nov 2022	Direct	F2
transaction	HES	Common Stock, $1.00 par value	Sale	$1,470,298	-9,895	-25%	$148.59	29,327	07 Nov 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	-6,087	-100%	$0.000000^*	0	07 Nov 2022	Common Stock, $1.00 par value	6,087	$48.48	Direct
transaction	HES	Option to purchase Common Stock	Options Exercise	$0	-6,087	-100%	$0.000000^*	0	07 Nov 2022	Common Stock, $1.00 par value	6,087	$48.48	Direct
transaction	HES	Option to purchase Common Stock	Options Exercise	$0	-6,088	-100%	$0.000000^*	0	07 Nov 2022	Common Stock, $1.00 par value	6,088	$48.48	Direct
transaction	HES	Option to purchase Common Stock	Options Exercise	$0	-6,385	-100%	$0.000000^*	0	07 Nov 2022	Common Stock, $1.00 par value	6,385	$56.75	Direct
transaction	HES	Option to purchase Common Stock	Options Exercise	$0	-6,386	-100%	$0.000000^*	0	07 Nov 2022	Common Stock, $1.00 par value	6,386	$56.75	Direct
transaction	HES	Option to purchase Common Stock	Options Exercise	$0	-6,386	-100%	$0.000000^*	0	07 Nov 2022	Common Stock, $1.00 par value	6,386	$56.75	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 $147.39 to $148.39. 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 $148.40 to $148.75. The price reported above reflects the weighted average sales price.
F4	This amount includes 7,081 shares are 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.