P. Anthony Lannie - 03 Jan 2023 Form 4 Insider Report for APA Corp (APA)

Role
Exec. Vice Pres & Gen Counsel
Signature
Raj Sharma, Attorney-in-Fact
Issuer symbol
APA
Transactions as of
03 Jan 2023
Net transactions value
-$360,388
Form type
4
Filing time
05 Jan 2023, 15:35:50 UTC
Previous filing
04 Jan 2023
Next filing
09 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 +7,792 +13% $0.000000 66,636 03 Jan 2023 Direct F1
transaction APA Common Stock Tax liability $133,783 -3,067 -4.6% $43.62 63,569 03 Jan 2023 Direct F2
transaction APA Common Stock Options Exercise +5,195 +8.2% 68,764 03 Jan 2023 Direct F3
transaction APA Common Stock Disposed to Issuer $226,606 -5,195 -7.6% $43.62 63,569 03 Jan 2023 Direct F3
holding APA Common Stock 40,800 03 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 -7,792 -8.9% $0.000000 79,595 03 Jan 2023 Common Stock 7,792 $0.000000 Direct F1, F4
transaction APA Restricted Stock / Units Options Exercise $0 -5,195 -6.5% $0.000000 74,400 03 Jan 2023 Common Stock 5,195 $0.000000 Direct F3, F5
transaction APA Restricted Stock / Units Award $0 +11,871 +16% $0.000000 86,271 04 Jan 2023 Common Stock 11,871 $0.000000 Direct F4, F6, F7
transaction APA Restricted Stock / Units Award $0 +7,914 +9.2% $0.000000 94,185 04 Jan 2023 Common Stock 7,914 $0.000000 Direct F4, F6, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vesting on 01/03/2023 of restricted stock units under the employer plan. Vesting occurs ratably over three years.
F2 Shares withheld to cover required tax withholding on vesting of restricted stock.
F3 Each restricted stock unit is the economic equivalent of one share of the Issuer's common stock and can only be settled in cash.
F4 One share of APA common stock for each restricted stock unit.
F5 Vesting on 01/03/2023 of cash-based restricted stock units under employer plan. Vesting occurs ratably over three years.
F6 With tandem tax withholding right.
F7 Restricted stock units granted 01/04/2023 under employer plan. The units vests ratably over three years.
F8 Restricted stock units granted 01/04/2023 under employer plan. The units vests ratably over three years and may only be paid in cash.