Jamie Welch - 14 Dec 2023 Form 4 Insider Report for Kinetik Holdings Inc. (KNTK)

Role
Chief Executive Officer, President, Director
Signature
By: /s/ Todd Carpenter, Attorney-in-Fact
Issuer symbol
KNTK
Transactions as of
14 Dec 2023
Net transactions value
+$999,999
Form type
4
Filing time
15 Dec 2023, 16:53:16 UTC
Previous filing
13 Nov 2023
Next filing
11 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KNTK Class A Common Stock Purchase $999,999 +31,746 +0.93% $31.50 3,458,380 14 Dec 2023 Direct F1, F2
holding KNTK Class A Common Stock 898 14 Dec 2023 By 401(k) plan F3
holding KNTK Class A Common Stock 1,403 14 Dec 2023 By spouse F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Class A common stock purchased by Mr. Welch in an underwritten public offering at the public offering price.
F2 Includes an additional 89,358 shares acquired by Mr. Welch since the date of Mr. Welch's last Form 4 pursuant to the Company's Dividend and Distribution Reinvestment Plan ("DRIP"), which acquisition was exempt from Section 16 pursuant to Rule 16a-11 under the Securities Exchange Act of 1934, as amended.
F3 Includes an additional 25 shares acquired by Mr. Welch since the date of Mr. Welch's last Form 4 pursuant to the DRIP, which acquisition was exempt from Section 16 pursuant to Rule 16a-11 under the Securities Exchange Act of 1934, as amended.
F4 Reflects shares of Class A Common Stock held in the Reporting Person's spouse's individual retirement account. Includes an additional 30 shares acquired by Mr. Welch's spouse since the date of Mr. Welch's last Form 4 pursuant to the DRIP, which acquisition was exempt from Section 16 pursuant to Rule 16a-11 under the Securities Exchange Act of 1934, as amended.

Remarks:

Chief Executive Officer, President