Stephen J. Riney - Jan 28, 2022 Form 4 Insider Report for APA Corp (APA)

Role
Executive Vice Pres & CFO
Signature
Raj Sharma, Attorney-in-Fact
Stock symbol
APA
Transactions as of
Jan 28, 2022
Transactions value $
-$1,167,994
Form type
4
Date filed
2/1/2022, 10:57 AM
Previous filing
Jan 5, 2022
Next filing
Feb 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APA Common Stock Options Exercise $0 +43.4K +36.05% $0.00 164K Jan 28, 2022 Direct F1
transaction APA Common Stock Disposed to Issuer -$1.17M -43.4K -26.5% $26.89 120K Jan 28, 2022 Direct F2
holding APA Common Stock 88.7K Jan 28, 2022 Held By Trustee of NQ 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 Restricted Stock / Units Award $0 +86.9K +50.53% $0.00 259K Jan 28, 2022 Common Stock 86.9K $0.00 Direct F2, F3, F4
transaction APA Restricted Stock / Units Options Exercise $0 -43.4K -16.78% $0.00 215K Jan 28, 2022 Common Stock 43.4K $0.00 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 RSU vesting under 2019 Performance Program under 2016 Omnibus Equity Compensation Plan to be settled in cash only.
F2 Each restricted stock unit is the economic equivalent of one share of the Issuer's common stock and can only be settled in cash.
F3 With tandem tax withholding right.
F4 2019 Performance Program under 2016 Omnibus Equity Compensation Plan with performance period ended 12/31/2021. Final number of RSUs determined on 1/28/2022.