COLLINS J BARCLAY 4
4 · HESS CORP · Filed Jan 7, 2009
Insider Transaction Report
Form 4
HESS CORPHES
COLLINS J BARCLAY
DirectorExecutive Vice President
Transactions
- Exercise/Conversion
Common Stock, $1.00 par value
2009-01-05$19.43/sh+10,000$194,300→ 365,003 total - Sale
Common Stock, $1.00 par value
2009-01-05$60.00/sh−10,000$600,000→ 355,003 total - Exercise/Conversion
Option to purchase Common Stock
2009-01-05−10,000→ 195,000 totalExercise: $19.43From: 2002-11-07Exp: 2011-11-07→ Common Stock, $1.00 par value (10,000 underlying)
Footnotes (3)
- [F1]Common Stock acquired upon exercise of options granted under the Corporation's Second Amended and Restated 1995 Long-Term Incentive Plan.
- [F2]The sales of shares set forth herein are made in connection with a selling plan dated December 30, 2008 that is intended to comply with Rule 10b5-1(c).
- [F3]This includes 81,000 shares held in escrow pursuant to the Corporation's Second Amended and Restated 1995 Long-Term Incentive Plan. The reporting person has only voting power of these shares until 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.