SEC Form 4 · accession 0001209191-16-105433

HESS CORP · HES

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

Reporting owner

Officer — SVP and General Counsel

Period of report

Mar 1, 2016

Accepted (ET)

Mar 3, 2016 · 4:59 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	Mar 1, 2016	A	7,673	$0.00	A	89,187	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
2016 Performance Share Unit^F2,F3	$0.00	Mar 1, 2016	A	20,178	A	—	—	Common Stock, $1.00 par value	40,356	20,178	D
Option to purchase Common Stock	$44.31	Mar 1, 2016	A	10,003	A	Mar 1, 2017	Mar 1, 2026	Common Stock, $1.00 par value	10,003	10,003	D
Option to purchase Common Stock	$44.31	Mar 1, 2016	A	10,003	A	Mar 1, 2018	Mar 1, 2026	Common Stock, $1.00 par value	10,003	10,003	D
Option to purchase Common Stock	$44.31	Mar 1, 2016	A	10,003	A	Mar 1, 2019	Mar 1, 2026	Common Stock, $1.00 par value	10,003	10,003	D

F1This amount includes 29,834 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 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 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, 2018, as more particularly described in the applicable award agreement.
F3Not applicable.