SEC Form 4 · accession 0001357400-15-000035
APACHE CORP · APA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen J Riney
Officer — Executive Vice President
Period of report
Feb 20, 2015
Accepted (ET)
Feb 23, 2015 · 5:44 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 | 45,000 | A | — | — | Common Stock | 45,000 | 45,000 | 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 45,000 restricted stock units. The restricted stock units will vest 9,000 on each of 03/01/2016, 02/18/2017, 02/18/2018. 02/18/2019, and 02/18/2020. Upon vesting, Apache will issue one share of common stock for each restricted stock unit, and 5,400 shares out of each 9,000 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 administrator on 02/20/2015.
Remarks
Note: Also see attached Exhibit EX-24 POA.