JOHN J. CHRISTMANN - 05 Jan 2023 Form 4 Insider Report for APA Corp (APA)

Role
CEO and President, Director
Signature
Raj Sharma, Attorney-in-Fact
Issuer symbol
APA
Transactions as of
05 Jan 2023
Net transactions value
-$2,034,672
Form type
4
Filing time
09 Jan 2023, 16:36:47 UTC
Previous filing
05 Jan 2023
Next filing
26 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 +45,958 +9.5% $0.000000 530,077 05 Jan 2023 Direct F1
transaction APA Common Stock Tax liability $755,230 -18,085 -3.4% $41.76 511,992 05 Jan 2023 Direct F2
transaction APA Common Stock Options Exercise +30,638 +6% 542,630 05 Jan 2023 Direct F3
transaction APA Common Stock Disposed to Issuer $1,279,443 -30,638 -5.6% $41.76 511,992 05 Jan 2023 Direct F3
holding APA Common Stock 1,583 05 Jan 2023 By JJC IV 1984 Trust
holding APA Common Stock 6,970 05 Jan 2023 By JJC V 1998 Trust
holding APA Common Stock 6,970 05 Jan 2023 By CAC 1998 Trust
holding APA Common Stock 135,860 05 Jan 2023 Held by Trustee of NQ Plan
holding APA Common Stock 6,970 05 Jan 2023 By CEC 2003 Trust
holding APA Common Stock 2,889 05 Jan 2023 Held by Trustee of 401(k) 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 -45,958 -13% $0.000000 299,109 05 Jan 2023 Common Stock 45,958 $0.000000 Direct F1, F4
transaction APA Restricted Stock / Units Options Exercise $0 -30,638 -10% $0.000000 268,471 05 Jan 2023 Common Stock 30,638 $0.000000 Direct F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vesting on 01/05/2023 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 01/05/2023 of cash-based restricted stock units under employer plan. Vesting occurs ratably over three years.