| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | KNTK | Class A Common Stock, par value $0.001 | Award | $0 | +23,211 | +0.67% | $0.000000 | 3,481,591 | 07 Mar 2024 | Direct | F1 |
| transaction | KNTK | Class A Common Stock, par value $0.001 | Award | $0 | +32,282 | +0.91% | $0.000000 | 3,584,411 | 07 Mar 2024 | Direct | F2, F3 |
| holding | KNTK | Class A Common Stock, par value $0.001 | 925 | 07 Mar 2024 | By 401(k) plan | F4 | |||||
| holding | KNTK | Class A Common Stock, par value $0.001 | 1,434 | 07 Mar 2024 | By spouse | F5 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | KNTK | Performance Share Units | Award | $0 | +50,710 | $0.000000 | 50,710 | 07 Mar 2024 | Class A Common Stock, par value $0.001 | 50,710 | Direct | F6 |
| Id | Content |
|---|---|
| F1 | Represents an award of fully vested shares of Class A Common Stock, par value $0.001 per share ("Class A Common Stock") of Kinetik Holding Inc. (the "Issuer") granted to the Reporting Person in lieu of cash settlement of the annual incentive award earned by the Reporting Person for the 2023 fiscal year. |
| F2 | Includes an award of restricted stock units ("RSUs") granted to the Reporting Person under the Kinetik Holdings Inc. 2019 Omnibus Compensation Plan (the "Plan") that will vest on January 1, 2027, subject to the Reporting Person's continued employment through such date, and may be settled only for shares of Class A Common Stock on a one-for-one basis. |
| F3 | Includes 70,538 shares of Class A Common Stock not previously reported pursuant to Rule 16a-11 under the Securities Exchange Act of 1934, as amended (the "Exchange Act") that were acquired by the Reporting Person under the Issuer's Dividend and Distribution Reinvestment Plan (the "DRIP") after the Reporting Person's last Form 4 filing. |
| F4 | Includes an additional 27 shares of Class A Common Stock acquired by the Reporting Person since the date of the Reporting Person's last Form 4 pursuant to the DRIP, which acquisition was exempt from Section 16 pursuant to Rule 16a-11 under the Exchange Act. |
| F5 | Reflects shares of Class A Common Stock held in the Reporting Person's spouse's individual retirement account. Includes an additional 31 shares acquired by the Reporting Person's spouse since the date of the Reporting Person's last Form 4 pursuant to the DRIP, which acquisition was exempt from Section 16 pursuant to Rule 16a-11 under the Exchange Act. |
| F6 | Represents an award of performance share units ("PSUs") representing a contingent right to receive one share of Class A Common Stock. Between 0% and 200% of the target number of PSUs granted, which were granted under the Plan, are eligible to vest based on continued employment and the Issuer's annualized total shareholder return over the period from January 1, 2024, through December 31, 2026. |
Chief Executive Officer and President