APACHE CORP - 11 Jan 2022 Form 4 Insider Report for Altus Midstream Co (KNTK)

Role
10%+ Owner
Signature
/s/ Ben C. Rodgers, Authorized Officer of each Reporting Owner
Issuer symbol
KNTK
Transactions as of
11 Jan 2022
Net transactions value
$0
Form type
4
Filing time
13 Jan 2022, 11:32:18 UTC
Next filing
15 Mar 2022

Key filing fact

APACHE CORP filed Form 4 for Altus Midstream Co (KNTK) on 13 Jan 2022.

Key facts

  • This page summarizes APACHE CORP's Form 4 filing for Altus Midstream Co (KNTK).
  • 2 reported transactions and 1 derivative row are listed below.
  • Filing timestamp: 13 Jan 2022, 11:32.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Transactions Table

KNTK transaction

Class A Common Stock

Conversion of derivative security

Transaction value
Shares
+12,500,000
Change %
+3419%
Price
Shares after
12,865,651
Date
11 Jan 2022
Ownership
See Footnote
Footnotes
F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

KNTK transaction Derivative

Class C Common Stock

Conversion of derivative security

Transaction value
Shares
-12,500,000
Change %
-100%
Price
Shares after
0
Date
11 Jan 2022
Ownership
See Footnote
Underlying class
Class A Common Stock
Underlying amount
12,500,000
Exercise price
Footnotes
F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported Class C Common Stock, together with common units representing limited partner interest in Altus Midstream LP, may be redeemed for shares of Class A Common Stock, or an equivalent amount of cash, on a one-for-one basis. The shares of Class C Common Stock have no expiration date.
F2 The reported securities are owned directly by Apache Midstream LLC, which is a wholly owned subsidiary of Apache Corporation.
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