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

Role: Executive Vice Pres & CFO
Signature: Raj Sharma, Attorney-in-Fact
Issuer symbol: APA
Transactions as of: 28 Jan 2022
Net transactions value: -$1,167,994
Form type: 4
Filing time: 01 Feb 2022, 10:57:30 UTC
Previous filing: 05 Jan 2022
Next filing: 03 Feb 2022
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	+43,436	+36%	$0.000000	163,917	28 Jan 2022	Direct	F1
transaction	APA	Common Stock	Disposed to Issuer	$1,167,994	-43,436	-26%	$26.89	120,481	28 Jan 2022	Direct	F2
holding	APA	Common Stock						88,682	28 Jan 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	+86,872	+51%	$0.000000	258,780	28 Jan 2022	Common Stock	86,872	$0.000000	Direct	F2, F3, F4
transaction	APA	Restricted Stock / Units	Options Exercise	$0	-43,436	-17%	$0.000000	215,344	28 Jan 2022	Common Stock	43,436	$0.000000	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.