Hess 2008 Annual Report Download - page 33

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Dividends
Cash dividends on common stock totaled $.40 per share ($.10 per quarter) during 2008 and 2007.
Equity Compensation Plans
Following is information on the Registrant’s equity compensation plans at December 31, 2008:
Plan Category
Number of
Securities to
be Issued
Upon Exercise
of Outstanding
Options,
Warrants and
Rights
(a)
Weighted
Average
Exercise Price
of Outstanding
Options,
Warrants and
Rights
(b)
Number of
Securities
Remaining
Available for
Future Issuance
Under Equity
Compensation
Plans
(Excluding
Securities
Reflected in
Column (a))
(c)
Equity compensation plans approved by security
holders ................................ 9,700,000 $52.73 12,804,000*
Equity compensation plans not approved by security
holders** .............................. — — —
* These securities may be awarded as stock options, restricted stock or other awards permitted under the Registrant’s equity compensation
plan.
** Registrant has a Stock Award Program pursuant to which each non-employee director receives $150,000 in value of Registrant’s common
stock each year. These awards are made from shares purchased by the Corporation in the open market. Stockholders did not approve this
equity compensation plan.
See Note 8, “Share-Based Compensation,” in the notes to the financial statements for further discussion of the
Corporation’s equity compensation plans.
17