John J. Christmann - Jan 1, 2023 Form 4 Insider Report for APA Corp (APA)

Signature
Raj Sharma, Attorney-in-Fact
Stock symbol
APA
Transactions as of
Jan 1, 2023
Transactions value $
-$5,004,003
Form type
4
Date filed
1/4/2023, 03:18 PM
Previous filing
Nov 22, 2022
Next filing
Jan 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APA Common Stock Options Exercise $0 +107K +22.98% $0.00 574K Jan 1, 2023 Direct F1
transaction APA Common Stock Disposed to Issuer -$5M -107K -18.68% $46.68 467K Jan 1, 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 -107K -25.5% $0.00 313K Jan 1, 2023 Common Stock 107K $0.00 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.