Stephen J. Riney - 01 Jan 2023 Form 4 Insider Report for APA Corp (APA)

Signature
Raj Sharma, Attorney-in-Fact
Issuer symbol
APA
Transactions as of
01 Jan 2023
Net transactions value
-$2,027,592
Form type
4
Filing time
04 Jan 2023, 16:44:35 UTC
Previous filing
10 Jan 2023
Next filing
05 Jan 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APA Common Stock Options Exercise $0 +43,436 +275% $0.000000 59,241 01 Jan 2023 Direct F1
transaction APA Common Stock Disposed to Issuer $2,027,592 -43,436 -73% $46.68 15,805 01 Jan 2023 Direct F2
holding APA Common Stock 110,595 01 Jan 2023 Lisa Riney 2016 Family Trust
holding APA Common Stock 94,682 01 Jan 2023 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 -43,436 -24% $0.000000 139,153 01 Jan 2023 Common Stock 43,436 $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.