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Goodell Timothy B.'s Form 4/A amendment

Amended

Hess Corp (HES) · filed Mar 11, 2022

Accession no.
0001209191-22-018246
Filed
Mar 11, 2022
Trade date
Mar 4, 2022
Filing delay
7 days
Rule 10b5-1 plan
Not on the form (before 2023)
Original filed
Mar 8, 2022

This filing lists 1 non-derivative transaction. It carries over 21 transactions from the original filing that it did not restate. Open-market sales total $5.08M. It was filed 7 days after the trade.

This amendment restates part of 0001209191-22-017409 (filed Mar 8, 2022). The transactions it did not restate still count and are listed below.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Goodell Timothy B.CIK 0001453244Officer (EVP, Gen. Counsel & Secretary)

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Mar 4, 2022Common Stock, $1.00 par valueMOption exerciseAcquired+14,749$56.74+$836,858.26154,905Direct

Carried over from the original filing

This amendment restates only part of the original filing. The original's other transactions still stand, and the trade tables on Livermore count them under this amendment.

From 0001209191-22-017409 (filed Mar 8, 2022).

Non-derivative securities (Table I)

Non-derivative transactions carried over from 0001209191-22-017409
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Mar 4, 2022Common Stock, $1.00 par valueMOption exerciseDisposed−14,749$56.74−$836,858.26125,407Direct
Mar 4, 2022Common Stock, $1.00 par valueSSaleDisposed−14,749$100.80−$1,486,699.2110,658Direct
Mar 4, 2022Common Stock, $1.00 par valueSSaleDisposed−9,906$100.80−$998,524.8110,658Direct
Mar 6, 2022Common Stock, $1.00 par valueAGrant or awardAcquired+4,942$0.00$0115,600Direct
Mar 7, 2022Common Stock, $1.00 par valueSSaleDisposed−3,915$98.39−$385,196.85111,685Direct
Mar 7, 2022Common Stock, $1.00 par valueMOption exerciseAcquired+7,375$56.74+$418,457.5119,060Direct
Mar 7, 2022Common Stock, $1.00 par valueSSaleDisposed−7,375$100.00−$737,500111,685Direct
Mar 7, 2022Common Stock, $1.00 par valueMOption exerciseAcquired+9,907$49.72+$492,576.04121,592Direct
Mar 7, 2022Common Stock, $1.00 par valueSSaleDisposed−9,907$100.00−$990,700111,685Direct
Mar 7, 2022Common Stock, $1.00 par valueMOption exerciseAcquired+4,776$75.04+$358,391.04116,461Direct
Mar 7, 2022Common Stock, $1.00 par valueSSaleDisposed−4,776$100.00−$477,600111,685Direct

Derivative securities (Table II)

Derivative transactions carried over from 0001209191-22-017409
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Mar 4, 2022Common Stock, $1.00 par valueMOption exerciseDisposed−7,374$0.00$00Direct
Mar 4, 2022Common Stock, $1.00 par valueMOption exerciseDisposed−7,375$0.00$00Direct
Mar 4, 2022Common Stock, $1.00 par valueMOption exerciseDisposed−9,906$0.00$00Direct
Mar 6, 2022Common Stock, $1.00 par valueMOption exerciseAcquired+26,180$0.00$013,090Direct
Mar 6, 2022Common Stock, $1.00 par valueAGrant or awardAcquired+4,218$0.00$04,218Direct
Mar 6, 2022Common Stock, $1.00 par valueAGrant or awardAcquired+4,218$0.00$04,218Direct
Mar 6, 2022Common Stock, $1.00 par valueAGrant or awardAcquired+4,219$0.00$04,219Direct
Mar 7, 2022Common Stock, $1.00 par valueMOption exerciseDisposed−7,375$0.00$00Direct
Mar 7, 2022Common Stock, $1.00 par valueMOption exerciseDisposed−9,907$0.00$00Direct
Mar 7, 2022Common Stock, $1.00 par valueMOption exerciseDisposed−4,776$0.00$00Direct

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F1

On March 8, 2022, the reporting person filed a Form 4 which inadvertently reported the exercise of options granted under the Corporation's Long-Term Incentive Plans as a disposition instead of an acquisition. This amendment reflects the correct amount of securities beneficially owned by the reporting person following the reported transaction.

F2

Common Stock acquired upon exercise of options granted under the Corporation's Long-Term Incentive Plans.

F3

This amount includes 11,568 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 the reporting person is still an employee of the Corporation.

Read the full filing on SEC EDGAR (opens in a new tab)