John J. Christmann - Jan 5, 2023 Form 4 Insider Report for APA Corp (APA)

Role
CEO and President, Director
Signature
Raj Sharma, Attorney-in-Fact
Stock symbol
APA
Transactions as of
Jan 5, 2023
Transactions value $
-$2,034,672
Form type
4
Date filed
1/9/2023, 04:36 PM
Previous filing
Jan 5, 2023
Next filing
Jan 26, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APA Common Stock Options Exercise $0 +46K +9.49% $0.00 530K Jan 5, 2023 Direct F1
transaction APA Common Stock Tax liability -$755K -18.1K -3.41% $41.76 512K Jan 5, 2023 Direct F2
transaction APA Common Stock Options Exercise +30.6K +5.98% 543K Jan 5, 2023 Direct F3
transaction APA Common Stock Disposed to Issuer -$1.28M -30.6K -5.65% $41.76 512K Jan 5, 2023 Direct F3
holding APA Common Stock 1.58K Jan 5, 2023 By JJC IV 1984 Trust
holding APA Common Stock 6.97K Jan 5, 2023 By JJC V 1998 Trust
holding APA Common Stock 6.97K Jan 5, 2023 By CAC 1998 Trust
holding APA Common Stock 136K Jan 5, 2023 Held by Trustee of NQ Plan
holding APA Common Stock 6.97K Jan 5, 2023 By CEC 2003 Trust
holding APA Common Stock 2.89K Jan 5, 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 -46K -13.32% $0.00 299K Jan 5, 2023 Common Stock 46K $0.00 Direct F1, F4
transaction APA Restricted Stock / Units Options Exercise $0 -30.6K -10.24% $0.00 268K Jan 5, 2023 Common Stock 30.6K $0.00 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.