4//SEC Filing
ORNSTEIN LAWRENCE H 4
Accession 0001209191-12-017232
CIK 0000004447other
Filed
Mar 8, 7:00 PM ET
Accepted
Mar 9, 4:48 PM ET
Size
8.0 KB
Accession
0001209191-12-017232
Insider Transaction Report
Form 4
HESS CORPHES
ORNSTEIN LAWRENCE H
Senior Vice President
Transactions
- Award
Performance Share Unit
2012-03-07+12,872→ 12,872 totalExercise: $0.00→ Common Stock, $1.00 par value (25,744 underlying) - Award
Common Stock, $1.00 par value
2012-03-07+12,872→ 77,831 total
Footnotes (3)
- [F1]This amount includes 38,092 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.
- [F2]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 sharholder return of Hess common stock compared with that of its peers over a three year performance period ending December 31, 2014, as more particularly described in the applicable award agreement.
- [F3]Not applicable
Documents
Issuer
HESS CORP
CIK 0000004447
Entity typeother
Related Parties
1- filerCIK 0001191134
Filing Metadata
- Form type
- 4
- Filed
- Mar 8, 7:00 PM ET
- Accepted
- Mar 9, 4:48 PM ET
- Size
- 8.0 KB