SEC Form 4 · accession 0001209191-16-106979
HESS CORP · HES
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory P. Hill
Officer — COO and President, E&P
Period of report
Mar 7, 2016
Accepted (ET)
Mar 8, 2016 · 4:42 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 valueF2,F3 | Mar 7, 2016 | S | 8,124 | $49.28 | D | 79,548 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares sold solely to satisfy tax withholding on vesting of shares of restricted stock.
- F2This amount includes 44,325 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.
- F3Reflects the transfer of 1,124 shares to the reporting person's ex-spouse pursuant to a qualified domestic relations order