SEC Form 4 · accession 0001357400-19-000055
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 18, 2019
Accepted (ET)
Feb 20, 2019 · 5:26 pm EST
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 StockF1 | Feb 18, 2019 | M | 6,250 | $0.00 | A | 261,936 | D | |
| Common Stock | Feb 18, 2019 | F | 2,460 | $33.30 | D | 259,476 | D | |
| Common Stock | holding | — | — | — | 1,458 | I | By JJC IV 1984 Trust | |
| Common Stock | holding | — | — | — | 2,891 | I | Held by Trustee of 401(k) Plan | |
| Common Stock | holding | — | — | — | 76,563 | I | Held by Trustee of NQ Plan | |
| Common Stock | holding | — | — | — | 2,674 | I | By JJC V 1998 Trust | |
| Common Stock | holding | — | — | — | 2,674 | I | By CAC 1998 Trust | |
| Common Stock | holding | — | — | — | 2,674 | I | By CEC 2003 Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock UnitsF3,F4 | $0.00 | Feb 18, 2019 | M | 6,250 | A | — | — | Common Stock | 6,250 | 57,751 | D |
| Restricted Stock / UnitsF5,F1,F6 | $0.00 | Feb 18, 2019 | M | 12,500 | D | — | — | Common Stock | 12,500 | 285,238 | D |
Explanation of responses
- F1One share of Apache common stock for each restricted stock unit.
- F2Shares withheld to cover required tax withholding on vesting of restricted stock effective as of 02/18/2019.
- F3One share of Apache common stock for each phantom stock unit.
- F4Exempt acquisition pursuant to Rule 16a-3(d). Accrued under the deferred compensation provisions of Apache's Deferred Delivery Plan.
- F5With tandem tax withholding right.
- F6Vesting as of 02/18/2019 of restricted stock units pursuant to restricted stock unit award agreement under employer plan. Of these shares, 60 percent (net of required tax withholding) will not be eligible for sale by the reporting person until such time as he retires or otherwise terminates employment with the company. Vesting in four equal annual installments.