SEC Form 4 · accession 0001209191-16-096798
HESS CORP · HES
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert N Wilson
Director
Period of report
Feb 5, 2016
Accepted (ET)
Feb 9, 2016 · 4:47 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000004447
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Depositary Shares - 8% Mandatory Convertible Preferred StockF1,F2 | — | Feb 5, 2016 | P | 6,000 | A | Feb 10, 2016 | — | Common Stock | — | 6,000 | D |
Explanation of responses
- F1Each depository share represents 1/20 of a share of the Corporation's 8% Series A Mandatory Convertible Preferred Stock.
- F26,000 depositary shares generally convert into a minimum of 6,546 shares of the Corporation's common stock and a maximum of 7,692 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 mandatarily convert into common stock on or about February 1, 2019.