SEC Form 4 · accession 0001357400-16-000289
APACHE CORP · APA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy J Sullivan
Officer — Exec. VP - Operations Support
Period of report
May 13, 2016
Accepted (ET)
May 16, 2016 · 11:34 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000006769
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 13, 2016 | M | 2,137 | $0.00 | A | 10,156 | D | |
| Common Stock | May 13, 2016 | F | 897 | $53.02 | D | 9,259 | D | |
| Common Stock | holding | — | — | — | 23 | I | Held by Trustee 401(k) Plan | |
| Common Stock | holding | — | — | — | 155 | I | Held by Trustee NQ Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock / UnitsF3,F4,F1 | $0.00 | May 13, 2016 | M | 2,137 | D | — | — | Common Stock | 2,137 | 45,015 | D |
Explanation of responses
- F1Vesting on 05/13/2016 of restricted stock units under employer plan - data provided by plan administrator on 05/16/2016. Vesting occurs 25% per year over four years.
- F2Shares withheld to cover required tax withholding on vesting of restricted stock effective as of 05/13/2016 - data provided by plan administrator on 05/16/2016.
- F3With tandem tax withholding right
- F4One share of Apache common stock for each restricted stock unit.