4//SEC Filing
HESS CORP 4
Accession 0001209191-15-009846
CIK 0000004447operating
Filed
Feb 4, 7:00 PM ET
Accepted
Feb 5, 4:39 PM ET
Size
8.1 KB
Accession
0001209191-15-009846
Insider Transaction Report
Form 4
HESS CORPHES
Ziolo Mykel J.
Senior Vice President
Transactions
- Exercise/Conversion
Common Stock, $1.00 par value
2015-02-03+21,754→ 73,311 total - Exercise/Conversion
Performance Share Unit
2015-02-03−10,877→ 0 totalExercise: $0.00→ Common Stock, $1.00 par value (21,754 underlying)
Footnotes (3)
- [F1]Represents shares of Hess Corporation common stock earned upon vesting of Performance Share Units granted on March 7, 2012, based on the relative performance of total shareholder return of Hess common stock compared with that of its peers over the three-year performance period ending December 31, 2014.
- [F2]This amount includes 29,910 shares held in escrow pursuant to the Corporation's 2008 Long-Term Incentive Plan. The reporting person has only voting power of these shares until the 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.
- [F3]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 shareholder 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.
Documents
Issuer
HESS CORP
CIK 0000004447
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000004447
Filing Metadata
- Form type
- 4
- Filed
- Feb 4, 7:00 PM ET
- Accepted
- Feb 5, 4:39 PM ET
- Size
- 8.1 KB