John J. Christmann - Feb 1, 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
Feb 1, 2023
Transactions value $
-$1,055,792
Form type
4
Date filed
2/3/2023, 09:38 AM
Previous filing
Jan 26, 2023
Next filing
Feb 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APA Common Stock Options Exercise +15.3K +2.99% 527K Feb 1, 2023 Direct F1
transaction APA Common Stock Disposed to Issuer -$664K -15.3K -2.9% $43.40 512K Feb 1, 2023 Direct F1
transaction APA Common Stock Options Exercise $0 +22.9K +4.48% $0.00 535K Feb 1, 2023 Direct F2
transaction APA Common Stock Tax liability -$392K -9.03K -1.69% $43.40 526K Feb 1, 2023 Direct F3
transaction APA Common Stock Gift $0 -783 -0.15% $0.00 525K Feb 1, 2023 Direct F4
transaction APA Common Stock Gift $0 -783 -0.15% $0.00 524K Feb 1, 2023 Direct F5
transaction APA Common Stock Gift $0 -783 -0.15% $0.00 524K Feb 1, 2023 Direct F6
transaction APA Common Stock Gift $0 +783 +11.23% $0.00 7.75K Feb 1, 2023 By JJC V 1998 Trust
transaction APA Common Stock Gift $0 +783 +11.23% $0.00 7.75K Feb 1, 2023 By CAC 1998 Trust
transaction APA Common Stock Gift $0 +783 +11.23% $0.00 7.75K Feb 1, 2023 By CEC 2003 Trust
holding APA Common Stock 1.58K Feb 1, 2023 By JJC IV 1984 Trust
holding APA Common Stock 2.89K Feb 1, 2023 Held by Trustee of 401(k) Plan
holding APA Common Stock 136K Feb 1, 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 -15.3K -3.5% $0.00 421K Feb 1, 2023 Common Stock 15.3K $0.00 Direct F1, F7, F8
transaction APA Restricted Stock / Units Options Exercise $0 -22.9K -5.44% $0.00 398K Feb 1, 2023 Common Stock 22.9K $0.00 Direct F2, F7, F9
* 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 02/01/2023 of restricted stock units under the employer plan. Vesting occurs ratably over three years.
F3 Shares withheld to cover required tax withholding on vesting of restricted stock.
F4 Gift to the JJCV 1998 Trust of which the reporting person is the trustee.
F5 Gift to the CAC 1998 Trust of which the reporting person is the trustee.
F6 Gift to the CEC 2003 Trust of which the reporting person is the trustee.
F7 With tandem tax withholding right.
F8 Vesting on 02/01/2023 of cash-based restricted stock units under employer plan. Vesting occurs ratably over three years.
F9 One share of APA common stock for each restricted stock unit.