Mark D. Maddox - 04 Jan 2025 Form 4 Insider Report for APA Corp (APA)

Role
Executive VP - Administration
Signature
Raj Sharma, Attorney-in-Fact
Issuer symbol
APA
Transactions as of
04 Jan 2025
Net transactions value
-$201,154
Form type
4
Filing time
07 Jan 2025, 12:45:13 UTC
Previous filing
03 Jan 2025
Next filing
13 Jan 2025
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 +5,400 +9% $0.000000 65,450 04 Jan 2025 Direct F1
transaction APA Common Stock Disposed to Issuer $126,468 -5,400 -8.3% $23.42 60,050 04 Jan 2025 Direct F1
transaction APA Common Stock Options Exercise $0 +8,100 +13% $0.000000 68,150 04 Jan 2025 Direct F2
transaction APA Common Stock Tax liability $74,686 -3,189 -4.7% $23.42 64,961 04 Jan 2025 Direct F3
holding APA Common Stock 2,575 04 Jan 2025 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 -5,400 -12% $0.000000 37,883 04 Jan 2025 Common Stock 5,400 $0.000000 Direct F1, F4, F5
transaction APA Restricted Stock / Units Options Exercise $0 -8,100 -21% $0.000000 29,783 04 Jan 2025 Common Stock 8,100 $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 01/04/2025 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 01/04/2025 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.