SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G/A
(Amendment No. 8)
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
--------------------------
(Name of Issuer)
Common Stock
----------------------------
(Title of Class of Securities)
42809H 107
------------------
(CUSIP Number)
December 31, 2006
-------------------------
(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 159,330 shares
NUMBER OF SHARES
BENEFICIALLY OWNED BY
EACH REPORTING PERSON
WITH See Note 8
----------------------- ------ -------------------------------------------------
----------------------- ------ -------------------------------------------------
6. SHARED VOTING POWER 7,991,100 shares
See Notes 2 and 9
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----------------------- ------ -------------------------------------------------
7. SOLE DISPOSITIVE POWER 159,330 shares
See Note 8
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----------------------- ------ -------------------------------------------------
8. SHARED DISPOSITIVE POWER 20,612,079 shares
See Notes 1, 2 and 9.
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9.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
20,771,409 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
6.59%
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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 31,212,831 shares
NUMBER OF SHARES
BENEFICIALLY OWNED BY See Notes 1, 3, 4 and 5.
EACH REPORTING PERSON
WITH
----------------------- ------ -------------------------------------------------
----------------------- ------ -------------------------------------------------
6. SHARED VOTING POWER 8,019,854 shares
See Notes 2 and 3.
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----------------------- ------ -------------------------------------------------
7. SOLE DISPOSITIVE POWER 4,113,806 shares
See Notes 3 and 5.
----------------------- ------ -------------------------------------------------
----------------------- ------ -------------------------------------------------
8. SHARED DISPOSITIVE POWER 33,682,895 shares
See Notes 1, 2, 3 and 4.
----------------------- ------ -------------------------------------------------
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9.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
39,256,629 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
12.37%
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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 19,800 shares
NUMBER OF SHARES
BENEFICIALLY OWNED BY
EACH REPORTING PERSON
WITH
----------------------- ------ -------------------------------------------------
----------------------- ------ -------------------------------------------------
6. SHARED VOTING POWER 7,956,219 shares
See Note 2
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----------------------- ------ -------------------------------------------------
7. SOLE DISPOSITIVE POWER 19,800 shares
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----------------------- ------ -------------------------------------------------
8. SHARED DISPOSITIVE POWER 20,577,198 shares
See Notes 1 and 2
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9.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
20,596,998 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
6.54%
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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 188,289 shares
NUMBER OF SHARES
BENEFICIALLY OWNED BY See Note 6.
EACH REPORTING PERSON
WITH
----------------------- ------ -------------------------------------------------
----------------------- ------ -------------------------------------------------
6. SHARED VOTING POWER 151,278 shares
See Note 7.
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7. SOLE DISPOSITIVE POWER 188,289 shares
See Note 6.
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----------------------- ------ -------------------------------------------------
8. SHARED DISPOSITIVE POWER 19,209,138 shares
See Notes 1, 4 and 7.
----------------------- ------ -------------------------------------------------
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9.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
19,397,427 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
6.16%
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12.
TYPE OF REPORTING PERSON*
IN
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Notes to 13G
Explanatory Note: All amounts shown for all reporting persons reflect a three
for one stock split effected May 31, 2006.
Note 1. This amount includes 12,620,979 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 7,956,219 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 figure includes 1,400,491 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 1,541,950 shares of
which he shares dispositive power pursuant to a shareholders
agreement among, inter alia, Mr. Hess and his siblings; an
aggregate of 661,073 shares held by three trusts for the
benefit of Mr. Hess and his heirs, of which Mr. Hess is
trustee or co-trustee and as to which he has sole voting
power, and as to 157,446 shares of which he has sole
dispositive power and as to 503,627 shares of which he shares
dispositive power; 1,121,175 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; 63,635 shares held by a trust of which
Mr. Hess is a co-trustee and shares voting and dispositive
power and 69,018 held by two trusts as to which Mr. Hess has
sole voting and dispositive power; 630,000 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; 2,439,000 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 and Schreyer are
directors and as to which Mr. Hess has sole voting power and
shares dispositive power with, inter alia, Mr. Schreyer.
Note 5. Includes 47,851 shares vested in the name of John B. Hess
under Issuer's Employees' Savings and Stock Bonus Plan.
Mr. Hess has sole dispositive power with respect to all these
shares and sole voting power with respect to 23,907 of such
shares.
Note 6. This amount includes 78,289 shares owned directly by
Mr. Schreyer as to which he has voting and dispositive power;
110,000 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 151,278 shares held by four trusts as to
which Mr. Schreyer has shared voting and dispositive power.
Note 8. This amount includes 153,330 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 24,915 shares held by a charitable
foundation, and 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.
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
105 Lincoln Avenue
Little Falls, NJ 07424
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.
---------------------------
(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.
---------------------------
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, 2007
----------------------
(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, 2007
----------------------
(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, 2007
----------------------
(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, 2007
----------------------
(Date)
/s/ John Y. Schreyer
----------------------
John Y. Schreyer