ORNSTEIN LAWRENCE H 4
4 · HESS CORP · Filed Mar 28, 2011
Insider Transaction Report
Form 4
HESS CORPHES
ORNSTEIN LAWRENCE H
Senior Vice President
Transactions
- Exercise/Conversion
Common Stock, $1.00 par value
2011-03-25$49.55/sh+21,000$1,040,550→ 100,638 total - Sale
Common Stock, $1.00 par value
2011-03-25$81.81/sh−21,000$1,718,010→ 79,638 total - Exercise/Conversion
Option to purchase Common Stock
2011-03-25−21,000→ 0 totalExercise: $49.55From: 2009-02-01Exp: 2016-02-01→ Common Stock, $1.00 par value (21,000 underlying)
Footnotes (2)
- [F1]Common Stock acquired upon exercise of options granted under the Corporation's Second Amended and Restated 1995 Long-Term Incentive Plan.
- [F2]This amount includes 41,070 shares held in escrow pursuant to the Corporation's 2008 Long-Term Incentive Plan and 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.