Rebecca A. Hoyt - 15 Jul 2021 Form 4 Insider Report for APA Corp (APA)

Role
Sr. VP, Chief Acct Officer
Signature
Raj Sharma, Attorney-in-Fact
Issuer symbol
APA
Transactions as of
15 Jul 2021
Net transactions value
-$5,078
Form type
4
Filing time
19 Jul 2021, 16:41:16 UTC
Previous filing
24 May 2021
Next filing
24 Aug 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APA Common Stock Options Exercise $0 +466 +0.68% $0.000000 68,526 15 Jul 2021 Direct F1, F2
holding APA Common Stock 13,822 15 Jul 2021 Held by Trustee of 401(k) Plan

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

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction APA Phantom Stock Units Options Exercise $0 -466 -16% $0.000000 2,402 15 Jul 2021 Common Stock 466 $0.000000 Direct F1, F3
transaction APA Phantom Stock Units Tax liability $5,064 -274 -11% $18.47 2,127 15 Jul 2021 Common Stock 274 $0.000000 Direct F3, F4
transaction APA Phantom Stock Units Disposed to Issuer $14.84 -1 -0.04% $18.47 2,127 15 Jul 2021 Common Stock 1 $0.000000 Direct F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Distribution under provisions of APA's Deferred Delivery Plan (exempt transaction under Rule16b-3) as of 07/15/2021.
F2 This total reflects the amount of securities beneficially owned by the reporting person on July 15, 2021, following the reported transaction. The reporting person's Form 4 filed on January 3, 2020, inadvertently underreported the amount of securities beneficially owned following the January 3, 2020, reported transaction by 241 shares.
F3 One share of APA common stock for each phantom stock unit.
F4 Units used to cover required tax withholding (exempt transaction under Rule16b-3) as of 07/15/2021.
F5 Disposition to issuer involving settlement of fractional unit in cash (exempt transaction under Rule16b-3) as of 07/15/2021.