APA Corp — Director's Dealing 2022

Feb 3, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: APA Corp (APA)
CIK: 0001841666
Period of Report: 2022-02-01

Reporting Person: Bretches D. Clay (Exec. VP, Operations)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-02-01	Common Stock	M	8343	—	Acquired	30352	Direct
2022-02-01	Common Stock	D	8343	$34.71	Disposed	22009	Direct
2022-02-01	Common Stock	M	8343	—	Acquired	30352	Direct
2022-02-01	Common Stock	F	3283	$34.71	Disposed	27069	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-02-01	Restricted Stock / Units	$0.0	M	8343	Disposed		Common Stock (8343.0)	Direct
2022-02-01	Restricted Stock / Units	$0.0	M	8343	Disposed		Common Stock (8343.0)	Direct

Footnotes

F1: Each restricted stock unit is the economic equivalent of one share of the Issuer's common stock and can only be settled in cash.

F2: Vesting on 02/01/2022 of restricted stock units under the employer plan. Vesting occurs ratably over three years.

F3: Shares withheld to cover required tax withholding on vesting of restricted stock.

F4: Table does not reflect vesting on 02/01/2022 of 3,685 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.

F5: With tandem tax withholding right.

F6: Vesting on 02/01/2022 of cash-based restricted stock units under employer plan. Vesting occurs ratably over three years.

F7: One share of APA common stock for each restricted stock unit.