| Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | HES | Common Stock, $1.00 par value | Options Exercise | $0 | +7.08 K | +6.23% | $0.00 | 121 K | Feb 7, 2024 | Direct | F1 |
| transaction | HES | Common Stock, $1.00 par value | Tax liability | -$259 K | -1.78 K | -1.47% | $145.20 | 119 K | Feb 7, 2024 | Direct | F2, F3 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | HES | 2021 Performance Share Unit | Options Exercise | $0 | -10.7 K | -100% | $0.00 | 0 | Feb 7, 2024 | Common Stock, $1.00 par value | 7.08 K | $0.00 | Direct | F4 |
| Id | Content |
|---|---|
| F1 | Represents shares of Hess Corporation common stock earned upon vesting of Performance Share Units granted on March 6, 2021, based on the relative performance of total shareholder return of Hess common stock compared with that of its peers over the three-year performance period ending December 31, 2023. |
| F2 | Represents the withholding of shares to satisfy tax obligations on the vesting of shares of Hess Corporation common stock earned from Performance Share Units. |
| F3 | This amount includes 6,923 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 the reporting person is still an employee of the Corporation. |
| F4 | Each 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, 2023, as more particularly described in the applicable award agreement. |