Timothy B. Goodell - Mar 4, 2022 Form 4/A - Amendment Insider Report for HESS CORP (HES)

Role
EVP, Gen. Counsel & Secretary
Signature
Barry Schachter for Timothy B. Goodell
Stock symbol
HES
Transactions as of
Mar 4, 2022
Transactions value $
$836,858
Form type
4/A - Amendment
Date filed
3/11/2022, 04:39 PM
Date Of Original Report
Mar 8, 2022
Previous filing
Feb 3, 2022
Next filing
Feb 2, 2023

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 $837K +14.7K +10.52% $56.74 155K Mar 4, 2022 Direct F1, F2
holding HES Common Stock, $1.00 par value 141K Mar 4, 2022 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 8, 2022, the reporting person filed a Form 4 which inadvertently reported the exercise of options granted under the Corporation's Long-Term Incentive Plans as a disposition instead of an acquisition. This amendment reflects the correct amount of securities beneficially owned by the reporting person following the reported transaction.
F2 Common Stock acquired upon exercise of options granted under the Corporation's Long-Term Incentive Plans.
F3 This amount includes 11,568 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.