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APA APA Corporation

32.59
0.23 (0.71%)
27 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
APA Corporation NASDAQ:APA NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.23 0.71% 32.59 32.52 32.60 32.59 32.02 32.26 4,801,253 00:44:29

Statement of Changes in Beneficial Ownership (4)

18/01/2022 7:04pm

Edgar (US Regulatory)


FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Bretches D. Clay
2. Issuer Name and Ticker or Trading Symbol

APA Corp [ APA ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
Exec. VP, Operations
(Last)          (First)          (Middle)

2000 POST OAK BLVD., SUITE 100
3. Date of Earliest Transaction (MM/DD/YYYY)

1/15/2022
(Street)

HOUSTON, TX 77056
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 1/15/2022  M(1)  8586 A$0 25389 D  
Common Stock 1/15/2022  F(2)  3380 D$32.09 22009 D  
Common Stock 1/15/2022  M  2391 A (3)24400 D  
Common Stock 1/15/2022  D(3)  2391 D$32.09 22009 D (4) 

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock / Units  (5)1/15/2022  M     8586   (1) (1)Common Stock 8586.0 $0 97868 D  
Restricted Stock / Units  (3)1/15/2022  M     2391   (6) (6)Common Stock 2391.0 $0 95477 D  

Explanation of Responses:
(1) Vesting on 01/15/2022 of restricted stock units under the employer plan. Vesting occurs ratably over three years.
(2) Shares withheld to cover required tax withholding on vesting of restricted stock.
(3) Each restricted stock unit is the economic equivalent of one share of the Issuer's common stock and can only be settled in cash.
(4) Table does not reflect vesting on 01/15/2022 of 1,834 performance restricted stock units granted under the employer plan and tied solely to Altus Midstream Company's Class A common stock price. The restricted stock units can be settled only in cash and vesting occurs ratably over three years.
(5) One share of APA common stock for each restricted stock unit.
(6) Vesting on 01/15/2022 of cash-based restricted stock units under employer plan. Vesting occurs ratably over three years.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Bretches D. Clay
2000 POST OAK BLVD.
SUITE 100
HOUSTON, TX 77056


Exec. VP, Operations

Signatures
Raj Sharma, Attorney-in-Fact1/18/2022
**Signature of Reporting PersonDate

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