| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | HES | Common Stock, $1.00 par value | Options Exercise | $0 | +110K | +91.14% | $0.00 | 230K | Jan 31, 2023 | Direct | F1, F2 |
| transaction | HES | Common Stock, $1.00 par value | Sale | -$15.9M | -110K | -10.87% | $144.81 | 899K | Feb 1, 2023 | See Note 3 | F3 |
| transaction | HES | Common Stock, $1.00 par value | Sale | -$15.3M | -110K | -47.68% | $139.29 | 120K | Feb 2, 2023 | Direct | F4, F5 |
| transaction | HES | Common Stock, $1.00 par value | Sale | -$15.3M | -110K | -12.2% | $139.09 | 789K | Feb 2, 2023 | See Note 3 | F3, F4 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | HES | 2020 Performance Share Unit | Options Exercise | $0 | -87.7K | -100% | $0.00* | 0 | Jan 31, 2023 | Common Stock, $1.00 par value | 110K | $0.00 | Direct | F6 |
| Id | Content |
|---|---|
| F1 | Represents shares of Hess Corporation common stock earned upon vesting of Performance Share Units granted on March 6, 2020, based on the relative performance of total shareholder return of Hess common stock compared with that of its peers over the three-year performance period ending December 31, 2022. |
| F2 | This amount includes 55,429 shares that were distributed from a previously reported grantor retained annuity trust established for the benefit of the reporting person and his children. |
| F3 | Held by a limited liability company, for which the reporting person serves as investment manager. These shares were previously reported as held directly by a trust for the benefit of the reporting person. The trust is the sole member of the limited liability company. |
| F4 | The sale of shares set forth herein are made in connection with a selling plan dated December 19, 2022 that is intended to comply with Rule 10b5-1(c). |
| F5 | Includes 59,555 shares sold solely to satisfy tax withholding on vesting of shares of Hess Corporation common stock earned from Performance Share Units. |
| F6 | 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, 2022, as more particularly described in the applicable award agreement. |