Stephen J. Riney - 01 Feb 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: 01 Feb 2022
Net transactions value: -$723,218
Form type: 4
Filing time: 03 Feb 2022, 15:08:38 UTC
Previous filing: 01 Feb 2022
Next filing: 24 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		+13,102	+11%		133,583	01 Feb 2022	Direct	F1
transaction	APA	Common Stock	Disposed to Issuer	$454,770	-13,102	-9.8%	$34.71	120,481	01 Feb 2022	Direct	F1
transaction	APA	Common Stock	Options Exercise	$0	+19,653	+16%	$0.000000	140,134	01 Feb 2022	Direct	F2
transaction	APA	Common Stock	Tax liability	$268,447	-7,734	-5.5%	$34.71	132,400	01 Feb 2022	Direct	F3
holding	APA	Common Stock						88,682	01 Feb 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	Options Exercise	$0	-13,102	-6.1%	$0.000000	202,242	01 Feb 2022	Common Stock	13,102	$0.000000	Direct	F1, F4, F5
transaction	APA	Restricted Stock / Units	Options Exercise	$0	-19,653	-9.7%	$0.000000	182,589	01 Feb 2022	Common Stock	19,653	$0.000000	Direct	F2, F4, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit is the economic equivalent of one share of the Issuer's common stock and can only be settled in cash.
F2	Vesting on 02/01/2022 of restricted stock units under the employer plan. Vesting occurs ratably over three years.
F3	Shares withheld to cover required tax withholding on vesting of restricted stock.
F4	With tandem tax withholding right.
F5	Vesting on 02/01/2022 of cash-based restricted stock units under employer plan. Vesting occurs ratably over three years.
F6	One share of APA common stock for each restricted stock unit.