JOHN J. CHRISTMANN - 01 Feb 2022 Form 4 Insider Report for APA Corp (APA)

Role
CEO and President, Director
Signature
Raj Sharma, Attorney-in-Fact
Issuer symbol
APA
Transactions as of
01 Feb 2022
Net transactions value
-$1,691,175
Form type
4
Filing time
03 Feb 2022, 15:17:31 UTC
Previous filing
01 Feb 2022
Next filing
23 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 +30,638 +6.9% 472,051 01 Feb 2022 Direct F1
transaction APA Common Stock Disposed to Issuer $1,063,445 -30,638 -6.5% $34.71 441,413 01 Feb 2022 Direct F1
transaction APA Common Stock Options Exercise $0 +45,957 +10% $0.000000 487,370 01 Feb 2022 Direct F2
transaction APA Common Stock Tax liability $627,730 -18,085 -3.7% $34.71 469,285 01 Feb 2022 Direct F3
transaction APA Common Stock Gift $0 -921 -0.2% $0.000000 468,364 01 Feb 2022 Direct F4
transaction APA Common Stock Gift $0 -921 -0.2% $0.000000 467,443 01 Feb 2022 Direct F5
transaction APA Common Stock Gift $0 -921 -0.2% $0.000000 466,522 01 Feb 2022 Direct F6
transaction APA Common Stock Gift $0 +921 +15% $0.000000 6,864 01 Feb 2022 By JJC V 1998 Trust
transaction APA Common Stock Gift $0 +921 +15% $0.000000 6,864 01 Feb 2022 By CAC 1998 Trust
transaction APA Common Stock Gift $0 +921 +15% $0.000000 6,864 01 Feb 2022 By CEC 2003 Trust
holding APA Common Stock 1,558 01 Feb 2022 By JJC IV 1984 Trust
holding APA Common Stock 2,889 01 Feb 2022 Held by Trustee of 401(k) Plan
holding APA Common Stock 135,860 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 -30,638 -6.2% $0.000000 466,276 01 Feb 2022 Common Stock 30,638 $0.000000 Direct F1, F7, F8
transaction APA Restricted Stock / Units Options Exercise $0 -45,957 -9.9% $0.000000 420,319 01 Feb 2022 Common Stock 45,957 $0.000000 Direct F2, F7, F9
* 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 Gift to the JJCV 1998 Trust of which the reporting person is the trustee.
F5 Gift to the CAC 1998 Trust of which the reporting person is the trustee.
F6 Gift to the CEC 2003 Trust of which the reporting person is the trustee.
F7 With tandem tax withholding right.
F8 Vesting on 02/01/2022 of cash-based restricted stock units under employer plan. Vesting occurs ratably over three years.
F9 One share of APA common stock for each restricted stock unit.