Key facts
- This page summarizes Anne Psencik's Form 4 filing for Kinetik Holdings Inc. (KNTK).
- 5 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 11 Mar 2025, 17:08.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Shares, units, or other non-derivative securities reported in this filing.
Award
Award
Tax liability
No transaction description listed
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
Award
Award
Additional SEC filing notes
Footnote F1
Represents an award of fully vested shares of Class A Common Stock, par value $0.001 per share ("Class A Common Stock") of Kinetik Holdings Inc. (the "Issuer") granted to the Reporting Person in lieu of cash settlement of the annual incentive award earned by the Reporting Person for the 2024 fiscal year.
Footnote F2
Includes an award of restricted stock units ("RSUs") granted to the Reporting Person under the Issuer's Amended and Restated 2019 Omnibus Compensation Plan (the "Plan") that will vest on January 1, 2028, subject to the Reporting Person's continued employment through such date and may be settled only for shares of Class A Common Stock on a one-for-one basis.
Footnote F3
Shares withheld by the Company to satisfy the Reporting Person's tax liability on the Reporting Person's annual incentive award.
Footnote F4
Includes an additional 320 shares of Class A Common Stock acquired by the Reporting Person's individual 401(k) account.
Footnote F5
Represents an award of performance share units ("PSUs") representing a contingent right to receive one share of Class A Common Stock. Between 0% and 200% of the target number of PSUs granted, which were granted under the Plan, are eligible to vest based on continued employment and the Issuer's annualized total shareholder return over the period from January 1, 2025, through December 31, 2027.
Footnote F6
Reflects 204 dividend equivalent shares accrued on PSUs granted to the Reporting Person under the Issuer's Amended and Restated Plan and the Issuer's Dividend and Distribution Reinvestment Plan after the Reporting Person's immediately prior Form 4 filing. Each dividend equivalent unit reflects the right to receive Class A Common stock, subject to the terms and conditions (including vesting and settlement terms) applicable to the corresponding PSU. During the 2-year vesting period, the award will be credited with dividend equivalents that will be paid out in Class A Common Stock at the time the underlying units vest and shares are issued. The award and credited dividend will be payable on a one-to-one basis of Class A Common Stock for each vested PSU, including PSUs, resulting from dividend equivalents.
SEC remarks
Chief Strategy Officer Exhibit List: Exhibit 24- Power of Attorney