X0202 4 2008-03-26 0 0000004447 HESS CORP HES 0001262397 SANDISON GEORGE HESS CORPORATION 1185 AVENUE OF THE AMERICAS NEW YORK NY 10036 0 1 0 0 Senior Vice President Common Stock, $1.00 par value 2008-03-26 4 M 0 22500 29.96 A 88570 D Common Stock, $1.00 par value 2008-03-26 4 S 0 22500 90.90 D 66070 D Common Stock, $1.00 par value 2008-03-26 4 S 0 9532 91.50 D 56538 D Option to purchase Common Stock 29.96 2008-03-26 4 M 0 22500 0.00 D 2008-02-02 2015-02-02 Common Stock, $1.00 par value 22500 0 D Common Stock acquired upon exercise of options granted under the Corporation's Second Amended and Restated 1995 Long-Term Incentive Plan. This amount includes 41,200 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. Reflects antidilution adjustment which reduced exercise price to $29.96 and increased outstanding options by 15,000 shares as a result of a 3 for 1 stock split effected on May 31, 2006. George C. Barry for George F. Sandison 2008-03-27