John B. Hess - Feb 29, 2024 Form 4 Insider Report for HESS CORP (HES)

Role
Chief Executive Officer, Director
Signature
Barry Schachter for John B. Hess
Stock symbol
HES
Transactions as of
Feb 29, 2024
Transactions value $
-$24,685,063
Form type
4
Date filed
2/29/2024, 06:36 PM
Previous filing
Feb 9, 2024
Next filing
Mar 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HES Common Stock, $1.00 par value Options Exercise $5.94M +73.9K +53.26% $80.35 213K Feb 29, 2024 Direct F1
transaction HES Common Stock, $1.00 par value Sale -$10.8M -73.9K -34.75% $145.87 139K Feb 29, 2024 Direct
transaction HES Common Stock, $1.00 par value Sale -$19.8M -136K -27.79% $146.02 353K Feb 29, 2024 See Footnote 3 F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction HES Option to purchase Common Stock Options Exercise $0 -24.6K -100% $0.00* 0 Feb 29, 2024 Common Stock, $1.00 par value 24.6K $80.35 Direct
transaction HES Option to purchase Common Stock Options Exercise $0 -24.6K -100% $0.00* 0 Feb 29, 2024 Common Stock, $1.00 par value 24.6K $80.35 Direct
transaction HES Option to purchase Common Stock Options Exercise $0 -24.6K -100% $0.00* 0 Feb 29, 2024 Common Stock, $1.00 par value 24.6K $80.35 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Common Stock acquired upon exercise of options granted under the Corporation's Long-Term Incentive Plans. The options expire on March 4, 2024.
F2 The reported sales transactions were executed at prices ranging from $145.66 to $146.58. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide, upon request, to the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares and prices at which the transactions reported on this form were effected.
F3 Held by a previously reported limited liability company, for which the reporting person serves as investment manager.