SEC Form 4 · accession 0001209191-19-008549
HESS CORP · HES
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard D. Lynch
Officer — Senior Vice President
Period of report
Feb 7, 2019
Accepted (ET)
Feb 8, 2019 · 4:39 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 | Feb 7, 2019 | S | 2,354 | $53.40 | D | 28,708 | D | |
| Common Stock, $1.00 par valueF2 | Feb 7, 2019 | S | 15,489 | $54.14 | D | 13,219 | 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 Hess Corporation common stock earned from Performance Share Units
- F2This amount includes 13,219 shares held in escrow pursuant to the Corporation's Long Term Incentive Plans. The reporting person has only voting power of these shares until lapsing of the period set by the Committee administering the Plans at which time the shares plus accrued dividends will be delivered to the reporting person if he is still an employee of the Corporation.