D. Clay Bretches - 01 Jan 2023 Form 4 Insider Report for APA Corp (APA)

Role
Exec. VP, Operations
Signature
Raj Sharma, Attorney-in-Fact
Issuer symbol
APA
Transactions as of
01 Jan 2023
Net transactions value
-$278,960
Form type
4
Filing time
04 Jan 2023, 15:16:43 UTC
Previous filing
24 Feb 2022
Next filing
05 Jan 2023
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 +5,976 +22% $0.000000 33,045 01 Jan 2023 Direct F1
transaction APA Common Stock Disposed to Issuer $278,960 -5,976 -18% $46.68 27,069 01 Jan 2023 Direct F2

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 -5,976 -5.4% $0.000000 105,312 01 Jan 2023 Common Stock 5,976 $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.