4//SEC Filing
Turner Michael R 4
Accession 0001209191-20-007228
CIK 0000004447other
Filed
Feb 5, 7:00 PM ET
Accepted
Feb 6, 5:32 PM ET
Size
9.9 KB
Accession
0001209191-20-007228
Insider Transaction Report
Form 4
HESS CORPHES
Turner Michael R
Senior Vice President
Transactions
- Exercise/Conversion
Common Stock, $1.00 par value
2020-02-04+35,188→ 90,092 total - Sale
Common Stock, $1.00 par value
2020-02-06$57.68/sh−11,482$662,282→ 78,610 total - Exercise/Conversion
2017 Performance Share Unit
2020-02-04−17,594→ 0 totalExercise: $0.00→ Common Stock, $1.00 par value (35,188 underlying)
Footnotes (4)
- [F1]Represents shares of Hess Corporation common stock earned upon vesting of Performance Share Units granted on March 6, 2017, 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, 2019.
- [F2]Shares sold solely to satisfy tax withholding on vesting of shares of Hess Corporation common stock earned from Performance Share Units
- [F3]This amount includes 11,752 shares held in escrow pursuant to the Corporation's Long Term Incentive Plans. The reporting person has only voting power of these shares until lapsing of the period set by the Committee administering the Plans at which time the shares plus accrued dividends will be delivered to the reporting person if he is still an employee of the Corporation.
- [F4]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, 2019, as more particularly described in the applicable award agreement.
Documents
Issuer
HESS CORP
CIK 0000004447
Entity typeother
Related Parties
1- filerCIK 0001465729
Filing Metadata
- Form type
- 4
- Filed
- Feb 5, 7:00 PM ET
- Accepted
- Feb 6, 5:32 PM ET
- Size
- 9.9 KB