John J. Christmann - Feb 1, 2022 Form 4 Insider Report for APA Corp (APA)

Role
CEO and President, Director
Signature
Raj Sharma, Attorney-in-Fact
Stock symbol
APA
Transactions as of
Feb 1, 2022
Transactions value $
-$1,691,175
Form type
4
Date filed
2/3/2022, 03:17 PM
Previous filing
Feb 1, 2022
Next filing
Feb 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APA Common Stock Options Exercise +30.6K +6.94% 472K Feb 1, 2022 Direct F1
transaction APA Common Stock Disposed to Issuer -$1.06M -30.6K -6.49% $34.71 441K Feb 1, 2022 Direct F1
transaction APA Common Stock Options Exercise $0 +46K +10.41% $0.00 487K Feb 1, 2022 Direct F2
transaction APA Common Stock Tax liability -$628K -18.1K -3.71% $34.71 469K Feb 1, 2022 Direct F3
transaction APA Common Stock Gift $0 -921 -0.2% $0.00 468K Feb 1, 2022 Direct F4
transaction APA Common Stock Gift $0 -921 -0.2% $0.00 467K Feb 1, 2022 Direct F5
transaction APA Common Stock Gift $0 -921 -0.2% $0.00 467K Feb 1, 2022 Direct F6
transaction APA Common Stock Gift $0 +921 +15.5% $0.00 6.86K Feb 1, 2022 By JJC V 1998 Trust
transaction APA Common Stock Gift $0 +921 +15.5% $0.00 6.86K Feb 1, 2022 By CAC 1998 Trust
transaction APA Common Stock Gift $0 +921 +15.5% $0.00 6.86K Feb 1, 2022 By CEC 2003 Trust
holding APA Common Stock 1.56K Feb 1, 2022 By JJC IV 1984 Trust
holding APA Common Stock 2.89K Feb 1, 2022 Held by Trustee of 401(k) Plan
holding APA Common Stock 136K Feb 1, 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 -30.6K -6.17% $0.00 466K Feb 1, 2022 Common Stock 30.6K $0.00 Direct F1, F7, F8
transaction APA Restricted Stock / Units Options Exercise $0 -46K -9.86% $0.00 420K Feb 1, 2022 Common Stock 46K $0.00 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.