Matthew Wall - Mar 28, 2024 Form 4 Insider Report for Kinetik Holdings Inc. (KNTK)

Signature
By: /s/ Todd Carpenter, Attorney-in-Fact
Stock symbol
KNTK
Transactions as of
Mar 28, 2024
Transactions value $
-$228,965
Form type
4
Date filed
3/29/2024, 05:00 PM
Previous filing
Mar 11, 2024
Next filing
Dec 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KNTK Class A Common Stock Sale -$229K -5.75K -1.07% $39.82 530K Mar 28, 2024 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Class A Common Stock sold by the Reporting Person to cover tax obligations.
F2 The sale of shares of Class A Common Stock by the Reporting Person was permitted under the terms of the Lock-Up Agreement, dated March 13, 2024, between the Reporting Person and each underwriter to the Underwriting Agreement (as defined therein) (the "Lock-Up Agreement") and the Reporting Person otherwise remains subject to the restrictions set forth in the Lock-Up Agreement.
F3 The price reported in Column 4 is the weighted average price. These shares were bought in multiple transactions at prices ranging from $39.79 to $39.87, inclusive. The Reporting Person undertakes to provide Kinetik Holdings Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares bought at each separate price within the range set forth in this footnote.

Remarks:

EVP, Chief Operating Officer