Tracey K. Henderson - 01 Feb 2023 Form 4 Insider Report for APA Corp (APA)

Role
Executive VP Exploration
Signature
Raj Sharma, Attorney-in-Fact
Issuer symbol
APA
Transactions as of
01 Feb 2023
Net transactions value
-$206,020
Form type
4
Filing time
03 Feb 2023, 09:31:49 UTC
Previous filing
18 Jan 2023
Next filing
30 May 2023
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 +2,987 +37% 11,157 01 Feb 2023 Direct F1
transaction APA Common Stock Disposed to Issuer $129,636 -2,987 -27% $43.40 8,170 01 Feb 2023 Direct F1
transaction APA Common Stock Options Exercise $0 +4,480 +55% $0.000000 12,650 01 Feb 2023 Direct F2
transaction APA Common Stock Tax liability $76,384 -1,760 -14% $43.40 10,890 01 Feb 2023 Direct F3

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 -2,987 -3.5% $0.000000 81,657 01 Feb 2023 Common Stock 2,987 $0.000000 Direct F1, F4, F5
transaction APA Restricted Stock / Units Options Exercise $0 -4,480 -5.5% $0.000000 77,177 01 Feb 2023 Common Stock 4,480 $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 02/01/2023 of restricted stock units under 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 02/01/2023 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.

Remarks:

Also see attached Exhibit EX-24 Tracey K. Henderson POA.