SEC Form 4 · accession 0001209191-17-008082
HESS CORP · HES
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John B Hess
Officer — Chief Executive Officer · Director · 10% Owner
Period of report
Feb 2, 2017
Accepted (ET)
Feb 6, 2017 · 5:30 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 | Feb 2, 2017 | S | 21,384 | $53.49 | D | 1,932,569 | D | |
| Common Stock, $1.00 par valueF2 | Feb 3, 2017 | S | 22,327 | $54.03 | D | 1,910,242 | 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 from payout of shares of Hess common stock earned from Performance Share Units
- F2This amount includes 49,838 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.