D. Clay Bretches - 22 Feb 2022 Form 4 Insider Report for APA Corp (APA)

Role
Exec. VP, Operations
Signature
Raj Sharma, Attorney-in-Fact
Issuer symbol
APA
Transactions as of
22 Feb 2022
Net transactions value
$0
Form type
4
Filing time
24 Feb 2022, 13:37:34 UTC
Previous filing
02 Feb 2022
Next filing
04 Jan 2023
SEC
View on sec.gov

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 +26,521 +31% $0.000000 111,288 22 Feb 2022 Common Stock 26,521 $0.000000 Direct F1, F2, F3, F4
* 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 With tandem tax withholding right.
F3 Restricted stock units granted following completion of Altus Midstream Company's combination with BCP Raptor Holdco LP to replace restricted stock unit awards tied to the stock price of Altus Midstream Company.
F4 Restricted stock units granted on 02/22/2022 under 2016 Omnibus Equity Compensation Plan. The units vest ratably over three years.