David A. Pursell - 04 Jan 2024 Form 4 Insider Report for APA Corp (APA)

Role
Exec. Vice Pres - Development
Signature
Raj Sharma, Attorney-in-Fact
Issuer symbol
APA
Transactions as of
04 Jan 2024
Net transactions value
-$264,705
Form type
4
Filing time
08 Jan 2024, 09:18:17 UTC
Previous filing
03 Jan 2024
Next filing
09 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 +4,888 +6.5% 79,967 04 Jan 2024 Direct F1
transaction APA Common Stock Disposed to Issuer $166,436 -4,888 -6.1% $34.05 75,079 04 Jan 2024 Direct F1
transaction APA Common Stock Options Exercise $0 +7,332 +9.8% $0.000000 82,411 04 Jan 2024 Direct F2
transaction APA Common Stock Tax liability $98,268 -2,886 -3.5% $34.05 79,525 04 Jan 2024 Direct F3
holding APA Common Stock 38,987 04 Jan 2024 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 -4,888 -6.8% $0.000000 67,424 04 Jan 2024 Common Stock 4,888 $0.000000 Direct F1, F4, F5
transaction APA Restricted Stock / Units Options Exercise $0 -7,332 -11% $0.000000 60,092 04 Jan 2024 Common Stock 7,332 $0.000000 Direct F2, F4, F6
* 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 01/04/2024 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 With tandem tax withholding right.
F5 Vesting on 01/04/2024 of cash-based restricted stock units under employer plan. Vesting occurs ratably over three years.
F6 One share of APA common stock for each restricted stock unit.