X0508 4 2025-07-18 true 0000004447 HESS CORP HES 0001627310 Lowery-Yilmaz Barbara J 1185 AVENUE OF THE AMERICAS NEW YORK NY 10036 false true false false Senior Vice President false Common Stock, $1.00 par value 2025-07-18 4 D false 158905 D 0 D 2023 Performance Share Unit 0 2025-07-18 4 D false 7383 D Common Stock, $1.00 par value 15504 0 D Option to purchase Common Stock 141.55 2025-07-18 4 D false 2311 D 2024-03-06 2033-03-06 Common Stock, $1.00 par value 2311 0 D Option to purchase Common Stock 141.55 2025-07-18 4 D false 2312 D 2025-03-06 2033-03-06 Common Stock, $1.00 par value 2312 0 D Option to purchase Common Stock 141.55 2025-07-18 4 D false 2312 D 2026-03-06 2033-03-06 Common Stock, $1.00 par value 2312 0 D Option to purchase Common Stock 101.17 2025-07-18 4 D false 3121 D 2023-03-06 2032-03-06 Common Stock, $1.00 par value 3121 0 D Option to purchase Common Stock 101.17 2025-07-18 4 D false 3122 D 2024-03-06 2032-03-06 Common Stock, $1.00 par value 3122 0 D Option to purchase Common Stock 101.17 2025-07-18 4 D false 3122 D 2025-03-06 2032-03-06 Common Stock, $1.00 par value 3122 0 D Option to purchase Common Stock 75.04 2025-07-18 4 D false 3484 D 2022-03-06 2031-03-06 Common Stock, $1.00 par value 3484 0 D Option to purchase Common Stock 75.04 2025-07-18 4 D false 3484 D 2023-03-06 2031-03-06 Common Stock, $1.00 par value 3484 0 D Option to purchase Common Stock 75.04 2025-07-18 4 D false 3484 D 2024-03-06 2031-03-06 Common Stock, $1.00 par value 3484 0 D This amount includes 28,722 shares held in escrow pursuant to the Corporation's Long Term Incentive Plans. Pursuant to the Agreement and Plan of Merger, dated October 22, 2023 (as amended, the "merger agreement"), by and among Hess, Yankee Merger Sub Inc. ("Merger Sub") and Chevron Corporation ("Chevron"), at the effective time of the merger of Merger Sub with and into Hess on the closing date (the "Effective Time"), each outstanding share of common stock of Hess (except as otherwise specified in the merger agreement) was converted into the right to receive 1.025 (the "exchange ratio") shares of common stock of Chevron. Pursuant to the merger agreement, at the Effective Time, each then outstanding Performance Share Unit (PSU) award was deemed to be earned at the maximum level and converted into a restricted cash award in an amount per share under such PSU award equal to the average closing trading price of a share of Chevron common stock for the 20 business days ending on and including the second to last business day prior to the Effective Time multiplied by the exchange ratio, and in each case subject to the same terms and conditions as applied to such awards immediately prior to the Effective Time (other than the performance conditions). Pursuant to the merger agreement, at the Effective Time each then outstanding Hess stock option was converted into a corresponding Chevron stock option based on the exchange ratio, subject to the same terms and conditions applicable to such award immediately prior to the Effective Time. Barry Schachter for Barbara Lowery-Yilmaz 2025-07-18