SEC Form 4 · accession 0001357400-15-000026
APACHE CORP · APA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John J Christmann
Officer — CEO and President · Director
Period of report
Feb 20, 2015
Accepted (ET)
Feb 23, 2015 · 5:22 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000006769
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock / UnitsF1,F2,F3 | $0.00 | Feb 20, 2015 | A | 50,000 | A | — | — | Common Stock | 50,000 | 110,093 | D |
| Restricted Stock / UnitsF1,F2,F4 | $0.00 | Feb 20, 2015 | A | 12,996 | A | — | — | Common Stock | 12,996 | 123,089 | D |
Explanation of responses
- F1With tandem tax withholding right
- F2One share of Apache common stock for each restricted stock unit.
- F3Pursuant to a restricted stock unit award agreement dated 02/18/2015, the reporting person was granted 50,000 restricted stock units. The restricted stock units will vest 12,500 on each of 03/01/2016, 02/18/2017, 02/18/2018. and 02/18/2019. Upon vesting, Apache will issue one share of common stock for each restricted stock unit, and 7,500 shares out of each 12,500 shares will not be eligible for sale by the reporting person until such time as he retires or otherwise terminates employment with the company. Data provided by plan adminstrator on 02/20/2015.
- F42014 Business Performance Program under 2011 Omnibus Equity Compensation Plan with performance period ended 12/31/2014. Final number of RSUs determined 02/18/2015, with vesting 50% as of 12/31/2016 and 50% as of 12/31/2017. Data received from the plan administrator on 02/20/2015.