Tracey K. Henderson - 26 May 2023 Form 4 Insider Report for APA Corp (APA)

Role
Executive VP Exploration
Signature
Raj Sharma, Attorney-in-Fact
Issuer symbol
APA
Transactions as of
26 May 2023
Net transactions value
-$294,075
Form type
4
Filing time
30 May 2023, 15:01:59 UTC
Previous filing
03 Feb 2023
Next filing
08 Jan 2024
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 +4,297 +39% 15,187 26 May 2023 Direct F1
transaction APA Common Stock Disposed to Issuer $143,563 -4,297 -28% $33.41 10,890 26 May 2023 Direct F1
transaction APA Common Stock Options Exercise $0 +6,445 +59% $0.000000 17,335 26 May 2023 Direct F2
transaction APA Common Stock Tax liability $84,761 -2,537 -15% $33.41 14,798 26 May 2023 Direct F3
transaction APA Common Stock Options Exercise $0 +5,000 +34% $0.000000 19,798 26 May 2023 Direct F4
transaction APA Common Stock Tax liability $65,751 -1,968 -9.9% $33.41 17,830 26 May 2023 Direct F3

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 -4,297 -5.6% $0.000000 72,880 26 May 2023 Common Stock 4,297 $0.000000 Direct F1, F5, F6
transaction APA Restricted Stock / Units Options Exercise $0 -6,445 -8.8% $0.000000 66,435 26 May 2023 Common Stock 6,445 $0.000000 Direct F2, F5, F7
transaction APA Restricted Stock / Units Options Exercise $0 -5,000 -7.5% $0.000000 61,435 26 May 2023 Common Stock 5,000 $0.000000 Direct F4, F5, F7
* 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 Vesting on 05/26/2023 of restricted stock units under employer plan. Vesting occurs ratably over three years.
F3 Shares withheld to cover required tax withholding on vesting of restricted stock.
F4 Vesting on 05/26/2023 of restricted stock units under employer plan. Vesting occurs ratably over five years.
F5 With tandem tax withholding right.
F6 Vesting on 05/26/2023 of cash-based restricted stock units under employer plan. Vesting occurs ratably over three years.
F7 One share of APA common stock for each restricted stock unit.