HESS CORP 4
4 · HESS CORP · Filed Sep 24, 2007
Insider Transaction Report
Form 4
HESS CORPHES
SANDISON GEORGE
Senior Vice President
Transactions
- Sale
Common Stock, $1.00 par value
2007-09-21$68.02/sh−5,800$394,516→ 76,752 total - Exercise/Conversion
Common Stock, $1.00 par value
2007-09-21$24.14/sh+24,000$579,360→ 100,752 total - Sale
Common Stock, $1.00 par value
2007-09-21$68.00/sh−14,800$1,006,400→ 85,952 total - Exercise/Conversion
Option to purchase Common Stock
2007-09-21−24,000→ 0 totalExercise: $24.14From: 2007-06-02Exp: 2014-06-02→ Common Stock, $1.00 par value (24,000 underlying) - Sale
Common Stock, $1.00 par value
2007-09-21$68.01/sh−3,400$231,234→ 82,552 total
Footnotes (3)
- [F1]Common Stock acquired upon exercise of options granted under the Corporation's Second Amended and Restated 1995 Long-Term Incentive Plan.
- [F2]This amount includes 61,500 shares held in escrow pursuant to the Corporation's 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.
- [F3]Reflects antidilution adjustment which reduced exercise price to $24.14 and increased outstanding options by 16,000 shares as a result of a 3 for 1 stock split effected on May 31, 2006.