SEC Form 4 · accession 0001209191-16-096761

HESS CORP · HES

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chief Executive Officer · Director · 10% Owner

Period of report

Feb 5, 2016

Accepted (ET)

Feb 9, 2016 · 4:37 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000004447

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock, $1.00 par value^F1	Feb 5, 2016	P	51,282	$39.00	A	1,910,242	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Depositary Shares - 8% Mandatory Convertible Preferred Stock^F2,F3	—	Feb 5, 2016	P	200,000	A	Feb 10, 2016	—	Common Stock	—	200,000	D

F1This amount includes 96,867 shares held in escrow pursuant to the Corporation's 2008 Long Term Incentive Plan. The reporting person has only voting power of these shares until the 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 he is still an employee of the Corporation.
F2Each depository share represents 1/20 of a share of the Corporation's 8% Series A Mandatory Convertible Preferred Stock.
F3200,000 depositary shares generally convert into a minimum of 218,220 shares of the Corporation's common stock and a maximum of 256,420 shares of common stock depending on the date of conversion and the market value of the Corporation's Common Stock, subject to certain adjustments. The depositary shares mandatorily convert into common stock on or about February 1, 2019.