John J. Christmann - Feb 1, 2024 Form 4 Insider Report for APA Corp (APA)

Role
CEO, Director
Signature
Raj Sharma, Attorney-in-Fact
Stock symbol
APA
Transactions as of
Feb 1, 2024
Transactions value $
-$523,662
Form type
4
Date filed
2/5/2024, 12:05 PM
Previous filing
Jan 26, 2024
Next filing
Feb 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APA Common Stock Options Exercise +10.7K +1.89% 576K Feb 1, 2024 Direct F1
transaction APA Common Stock Disposed to Issuer -$329K -10.7K -1.86% $30.80 565K Feb 1, 2024 Direct F1
transaction APA Common Stock Options Exercise $0 +16K +2.84% $0.00 581K Feb 1, 2024 Direct F2
transaction APA Common Stock Tax liability -$194K -6.31K -1.09% $30.80 575K Feb 1, 2024 Direct F3
transaction APA Common Stock Gift $0 -1.17K -0.2% $0.00 574K Feb 1, 2024 Direct F4
transaction APA Common Stock Gift $0 -1.17K -0.2% $0.00 573K Feb 1, 2024 Direct F5
transaction APA Common Stock Gift $0 -1.17K -0.2% $0.00 572K Feb 1, 2024 Direct F6
transaction APA Common Stock Gift $0 +1.17K +14.68% $0.00 9.13K Feb 1, 2024 By JJC V 1998 Trust
transaction APA Common Stock Gift $0 +1.17K +14.68% $0.00 9.13K Feb 1, 2024 By CAC 1998 Trust
transaction APA Common Stock Gift $0 +1.17K +14.68% $0.00 9.13K Feb 1, 2024 By CEC 2003 Trust
holding APA Common Stock 1.63K Feb 1, 2024 By JJC IV 1984 Trust
holding APA Common Stock 136K Feb 1, 2024 Held by Trustee of NQ Plan
holding APA Common Stock 2.89K Feb 1, 2024 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 -10.7K -2.48% $0.00 420K Feb 1, 2024 Common Stock 10.7K $0.00 Direct F1, F7, F8
transaction APA Restricted Stock / Units Options Exercise $0 -16K -3.82% $0.00 404K Feb 1, 2024 Common Stock 16K $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 02/01/2024 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 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 02/01/2024 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.