4//SEC Filing
LELAND D MARK 4
Accession 0000950170-23-025881
CIK 0001692787other
Filed
Jun 1, 8:00 PM ET
Accepted
Jun 2, 6:05 AM ET
Size
6.0 KB
Accession
0000950170-23-025881
Insider Transaction Report
Form 4
LELAND D MARK
Director
Transactions
- Award
Class A Common Stock
2023-05-31+4,003→ 15,580 total
Footnotes (3)
- [F1]Represents a fully vested award of restricted stock units ("RSUs") that may be settled only for shares of common stock on a one-for-one basis. Pursuant to the reporting person's election under the Kinetik Holdings Inc. 2019 Omnibus Compensation Plan, as amended from time to time (the "Plan"), settlement of such vested RSUs has been deferred until the reporting person's termination from service with Kinetik Holdings Inc. (the "Company").
- [F2]While the RSUs remain outstanding, the reporting person will be entitled to receive an amount equal to the dividends that would have been paid on the RSUs had they been in the form of common stock except that such amount will (a) be subject to the terms and conditions of the Company's Dividend Reinvestment Plan, as amended from time to time (the "DRIP"), and (b) be immediately vested in full and paid to the reporting person in accordance with the DRIP at the time elected by the reporting person pursuant to the reporting person's election under the Plan, as described in Note 1 above.
- [F3]Amount reported includes 199 additional RSUs acquired by the reporting person since the date of the reporting person's last Form 5 in connection with the reinvestment of dividends described herein.
Documents
Issuer
Kinetik Holdings Inc.
CIK 0001692787
Entity typeother
Related Parties
1- filerCIK 0001174722
Filing Metadata
- Form type
- 4
- Filed
- Jun 1, 8:00 PM ET
- Accepted
- Jun 2, 6:05 AM ET
- Size
- 6.0 KB