SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G/A
(Amendment No. 9)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13D-1(B), (C) AND (D) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13D-2(B)
HESS CORPORATION
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
42809H 107
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(CUSIP Number)
December 31, 2008
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which
this Schedule is filed:
Rule 13d-1 (b)
X Rule 13d-1 (c)
Rule 13d-1 (d)
PAGE 1 OF 4 PAGES
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CUSIP NO. 023551 10 4
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1.
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Nicholas F. Brady
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2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) X
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3.
SEC USE ONLY
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4.
CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
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5. SOLE VOTING POWER 107,674 shares
NUMBER OF SHARES
BENEFICIALLY OWNED BY
EACH REPORTING PERSON
WITH See Note 8
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6. SHARED VOTING POWER 8,355,052 shares
See Notes 2 and 9
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7. SOLE DISPOSITIVE POWER 107,674 shares
See Note 8
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8. SHARED DISPOSITIVE POWER 19,174,659 shares
See Notes 1, 2 and 9.
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9.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
19,282,333 shares
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10.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* |_|
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11.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.91%
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12.
TYPE OF REPORTING PERSON*
IN
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PAGE 2 OF 4 PAGES
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CUSIP NO. 023551 10 4
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1.
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
John B. Hess
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2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) X
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3.
SEC USE ONLY
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4.
CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
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5. SOLE VOTING POWER 26,887,629 shares
NUMBER OF SHARES
BENEFICIALLY OWNED BY See Notes 1, 3, 4 and 5.
EACH REPORTING PERSON
WITH
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6. SHARED VOTING POWER 8,408,725 shares
See Notes 2 and 10.
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7. SOLE DISPOSITIVE POWER 2,721,126 shares
See Notes 3 and 5.
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8. SHARED DISPOSITIVE POWER 31,591,679 shares
See Notes 1, 2, 3,4 and 10.
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9.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
35,296,354 shares
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10.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* |_|
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11.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
10.79%
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12.
TYPE OF REPORTING PERSON*
IN
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PAGE 3 OF 4 PAGES
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CUSIP NO. 023551 10 4
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1.
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Thomas H. Kean
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2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) X
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3.
SEC USE ONLY
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4.
CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
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5. SOLE VOTING POWER 24,444 shares
NUMBER OF SHARES
BENEFICIALLY OWNED BY
EACH REPORTING PERSON
WITH
----------------------- ------ -------------------------------------------------
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6. SHARED VOTING POWER 8,345,086 shares
See Note 2
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7. SOLE DISPOSITIVE POWER 24,444 shares
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8. SHARED DISPOSITIVE POWER 25,601,574 shares
See Notes 1, 2 and 4
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9.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
25,626,018 shares
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10.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* |_|
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11.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
7.86%
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12.
TYPE OF REPORTING PERSON*
IN
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PAGE 4 OF 4 PAGES
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CUSIP NO. 023551 10 4
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1.
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
John Y. Schreyer
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2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) X
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3.
SEC USE ONLY
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4.
CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
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5. SOLE VOTING POWER 146,192 shares
NUMBER OF SHARES
BENEFICIALLY OWNED BY See Note 6.
EACH REPORTING PERSON
WITH
----------------------- ------ -------------------------------------------------
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6. SHARED VOTING POWER 92,373 shares
See Note 7.
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7. SOLE DISPOSITIVE POWER 146,192 shares
See Note 6.
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8. SHARED DISPOSITIVE POWER 17,348,861 shares
See Notes 1, 4 and 7.
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9.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
17,495,053 shares
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10.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* |_|
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11.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.36%
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12.
TYPE OF REPORTING PERSON*
IN
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Notes to 13G
Note 1. This amount includes 10,819,607 shares held by a charitable
lead annuity trust established under the will of Leon Hess.
John B. Hess has sole voting power of this stock held by this
trust and shares dispositive power over such stock with the
other filing persons who are other trustees of this trust.
Note 2. This amount includes 8,345,086 shares held by a limited
partnership. Messrs. Hess, Brady and Kean serve on the
management committee of the general partner of this limited
partnership and share, inter alia, voting and dispositive
powers, with respect to shares held by the limited
partnership.
Note 3. This amount includes 141,244 shares owned directly by Mr.
Hess as to which he has sole voting and dispositive power.
This amount also includes an aggregate of 2,371,878 shares
held by Mr. Hess' siblings or by trusts for the benefit of
Mr. Hess' siblings or their children, as to which Mr. Hess
has sole voting power and as to 1,693,329 shares of which he
shares dispositive power pursuant to a shareholders agreement
among, inter alia, Mr. Hess and his siblings; an aggregate of
1,613,864 shares held by four trusts for the benefit of Mr.
Hess and his heirs, of which Mr. Hess is trustee and as to
which he has sole voting power and dispositive power; 794,708
held by a trust for the benefit of Mr. Hess' mother, as to
which he has sole voting power and shared dispositive power;
2,703,213 shares held by a trust for the benefit of Mr. Hess
and his siblings, of which he is a co-trustee and has sole
voting power and shared dispositive power, 735,216 shares
held by a trust of which Mr. Hess has sole voting power and
shares dispositive power pursuant to a shareholders agreement
between, inter alia, Mr. Hess and his spouse, as trustee;
54,518 held by two trusts as to which Mr. Hess has sole
voting and dispositive power; 305,000 shares of restricted
stock held in escrow under the Issuer's incentive
compensation plan as to which Mr. Hess has voting but not
dispositive power; 862,000 shares underlying options to
purchase common stock of the Issuer, as to which he has sole
voting and dispositive power only upon exercise of such
options.
Note 4. This amount includes 6,436,881 shares held by the Hess
Foundation, Inc. of which Messrs. Hess, Kean and Schreyer are
directors and as to which Mr. Hess has sole voting power and
shares dispositive power with, inter alia, Messrs. Kean and
Schreyer.
Note 5. Includes 49,500 shares vested in the name of John B. Hess
under Issuer's Employees' Savings and Stock Bonus Plan. Mr.
Hess has sole voting and dispositive power with respect to
these shares.
Note 6. This amount includes 61,192 shares owned directly by
Mr. Schreyer as to which he has sole voting and dispositive
power,and 85,000 shares underlying options to purchase Common
Stock of Issuer, as to which he has sole voting and
dispositive power only upon exercise of such options.
Note 7. This amount includes 92,373 shares held by three trusts as
to which Mr. Schreyer has shared voting and dispositive
power.
Note 8. This amount includes 101,674 shares held directly by
Mr. Brady as to which he has sole voting and dispositive
power; and 6,000 shares held by a limited liability company
of which Mr. Brady is the managing member and as to which he
has sole voting and dispositive power.
Note 9. This amount includes 9,966 shares held by two trusts of
which Mr. Brady is a co-trustee, in each case as to which
Mr. Brady shares voting and dispositive power.
Note 10. This amount includes 63,639 shares held by a trust of which
Mr. Hess is a co-trustee and shares voting and dispositive
power.
Item 1(a). Name of Issuer:
Hess Corporation
Item 1(b). Address of Issuer's Principal Executive Offices:
1185 Avenue of the Americas
New York, NY 10036
Item 2(a). Name of Person Filing:
See respective cover pages.
Item 2(b). Address of Principal Business Office or, if None, Residence:
Nicholas F. Brady
Choptank Partners
16 North Washington Street
Easton, MD 21601
John B. Hess
Hess Corporation
1185 Avenue of the Americas
New York, NY 10036
Thomas H. Kean
THK Consulting, LLC
49 Route 202
Post Office Box 810
Far Hills, NJ 07931
John Y. Schreyer
1890 Lake Miona Drive
The Villages, FL 32162
Item 2(c). Citizenship:
United States of America
Item 2(d). Title of Class of Securities:
Common Stock
Item 2(e). CUSIP Number:
42809H 107
Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b)
or (c), Check Whether the Person Filing is:
(a) A broker or dealer registered under Section 15 of the
Exchange Act.
(b) A bank as defined in Section 3(a)(6) of the Exchange Act.
(c) An insurance company as defined in Section 3(a)(19) of
the Exchange Act.
(d) An investment company registered under Section 8 of the
Investment Company Act.
(e) An investment adviser in accordance with Rule
13d-1(b)(1)(ii)(E).
(f) An employee benefit plan or endowment fund in accordance
with Rule 13d-1(b)(1)(ii)(F).
(g) A parent holding company or control person, in accordance
with Rule 13d-1(b)(ii)(G).
(h) A savings association as defined in Section 3(b) of the
Federal Deposit Insurance Act.
(i) A church plan that is excluded from the definition of an
investment company under Section 3(c)(14) of the
Investment Company Act.
(j) A group, in accordance with Rule 13d-1(b)(ii)(J).
If this statement is filed pursuant to Rule 13d-1(c), check
this box. |X|
Item 4. Ownership.
Provide the following information regarding the aggregate number
and percentage of the class of securities of the issuer identified in Item 1.
(a) Amount beneficially owned:
See respective cover pages.
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(b) Percent of class:
See respective cover pages.
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(c) Number of shares as to which such person has:
See respective cover pages.
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(i) Sole power to vote or to direct the vote
See respective cover pages.
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(ii) Shared power to vote or to direct the vote
See respective cover pages.
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(iii) Sole power to dispose or to direct the disposition of
See respective cover pages.
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(iv) Shared power to dispose or to direct the disposition of
See respective cover pages.
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Item 5. Ownership of Five Percent or Less of a Class.
Not applicable
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
As indicated in the Notes above, some of the shares owned are held
for the account of other persons who have the right to receive dividends and the
proceeds of the sale of such shares. Such shares held by the estate of Leon Hess
or by trusts established under the will of Leon Hess represent more than five
percent of the outstanding class.
Item 7. Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on by the Parent Holding
Company.
Not applicable
Item 8. Identification and Classification of Members of the Group.
Not applicable
Item 9. Notice of Dissolution of Group.
Not applicable
Item 10. Certification.
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were not acquired and are not held for
the purpose of or with the effect of changing or influencing the control of the
issuer of the securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose or effect.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and
belief, each of the undersigned agrees that this statement is filed on behalf of
each of them and certifies that the information set forth in this statement as
to himself, and to his best knowledge as to each other filing person is true,
complete and correct.
February 12, 2009
----------------------
(Date)
/s/ Nicholas F. Brady
----------------------
Nicholas F. Brady
SIGNATURE
After reasonable inquiry and to the best of my knowledge and
belief, each of the undersigned agrees that this statement is filed on behalf of
each of them and certifies that the information set forth in this statement as
to himself, and to his best knowledge as to each other filing person is true,
complete and correct.
February 12, 2009
----------------------
(Date)
/s/ John B. Hess
----------------------
John B. Hess
SIGNATURE
After reasonable inquiry and to the best of my knowledge and
belief, each of the undersigned agrees that this statement is filed on behalf of
each of them and certifies that the information set forth in this statement as
to himself, and to his best knowledge as to each other filing person is true,
complete and correct.
February 12, 2009
----------------------
(Date)
/s/ Thomas H. Kean
----------------------
Thomas H. Kean
SIGNATURE
After reasonable inquiry and to the best of my knowledge and
belief, each of the undersigned agrees that this statement is filed on behalf of
each of them and certifies that the information set forth in this statement as
to himself, and to his best knowledge as to each other filing person is true,
complete and correct.
February 12, 2009
----------------------
(Date)
/s/ John Y. Schreyer
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John Y. Schreyer