Jamie Welch - 10 Mar 2023 Form 4 Insider Report for Kinetik Holdings Inc. (KNTK)

Role
Chief Executive Officer, President, Chief Financial Officer, Director
Signature
By: /s/ Todd Carpenter, Attorney-in-Fact
Issuer symbol
KNTK
Transactions as of
10 Mar 2023
Net transactions value
$0
Form type
4
Filing time
14 Mar 2023, 20:42:52 UTC
Previous filing
02 Feb 2023
Next filing
04 Apr 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KNTK Class A Common Stock Award $0 +26,195 +0.85% $0.000000 3,111,561 10 Mar 2023 Direct F1, F3
transaction KNTK Class A Common Stock Award $0 +22,504 +0.72% $0.000000 3,134,065 13 Mar 2023 Direct F2
holding KNTK Class A Common Stock 825 10 Mar 2023 By 401(k) plan F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an award of restricted stock units ("RSUs") that will vest on January 1, 2026 and may be settled only for shares of common stock on a one-for-one basis.
F2 Award of fully vested shares of the Issuer's Class A Common Stock granted to the Reporting Person in lieu of cash settlement of the annual incentive award earned by the Reporting Person for the 2022 fiscal year.
F3 Includes 98,025 shares not previously reported pursuant to Rule 16a-11 under the Securities Exchange Act of 1934 that were acquired under the Company's Dividend and Distribution Reinvestment Plan (the "DRIP") after Mr. Welch's immediately prior Form 4 filing.
F4 Includes an additional 21 shares acquired by Mr. Welch since the date of Mr. Welch's last Form 4 pursuant to the DRIP, which acquisition was exempt from Section 16 pursuant to Rule 16a-11 under the Securities Exchange Act of 1934, as amended.

Remarks:

Chief Executive Officer, President, Chief Financial Officer