HESS CORP 4
4 · HESS CORP · Filed Feb 9, 2016
Insider Transaction Report
Form 4
HESS CORPHES
MCMANUS DAVID
Director
Transactions
- Purchase
Depositary Shares - 8% Mandatory Convertible Preferred Stock
2016-02-05$50.00/sh+4,000$200,000→ 4,000 totalFrom: 2016-02-10→ Common Stock - Purchase
Common Stock, $1.00 par value
2016-02-05$39.00/sh+5,128$199,992→ 11,256 total
Footnotes (2)
- [F1]Each depository share represents 1/20 of a share of the Corporation's 8% Series A Mandatory Convertible Preferred Stock.
- [F2]4,000 depositary shares generally convert into a minimum of 4,364 shares of the Corporation's common stock and a maximum of 5,128 shares of common stock depending on the date of conversion and the market value of the Corporation's Common Stock, subject to certain adjustments. The depositary shares mandatarily convert into common stock on or about February 1, 2019.