4//SEC Filing
Welch Jamie 4
Accession 0000950170-24-049943
CIK 0001692787other
Filed
Apr 28, 8:00 PM ET
Accepted
Apr 29, 4:31 PM ET
Size
9.7 KB
Accession
0000950170-24-049943
Insider Transaction Report
Form 4
Welch Jamie
DirectorSee Remarks
Transactions
- Exercise/Conversion
Class A Common Stock
2024-04-25+3→ 3,599,228 total - Exercise/Conversion
Consideration Allocation Rights
2024-04-25−3→ 24,385 total→ Class A Common Stock (3 underlying)
Holdings
- 925(indirect: By 401(k))
Class A Common Stock
- 1,434(indirect: By Spouse)
Class A Common Stock
Footnotes (3)
- [F1]Consideration Allocation Rights refer to the right of a holder thereof to receive on February 25, 2025 and February 25, 2026, or an earlier settlement date as described in the Consideration Allocation Agreement (the "Allocation Agreement"), dated as of February 22, 2022, by and among the Issuer and certain stockholders, on a one-for-one basis, additional shares of Class A Common Stock originally issued as consideration in connection with the transactions under the Contribution Agreement (the "Contribution Agreement"), dated October 21, 2021, by and among the Issuer, Kinetik Holdings LP, BCP Raptor Holdco, LP and New BCP Raptor Holdco, LLC, to the extent such shares of Class A Common Stock originally issued as consideration are forfeited by the original holders. Class A Common Stock or any other class or series of capital stock of the Issuer will be issued pursuant to Consideration Allocation Rights solely to the extent a corresponding forfeiture of specified shares has occurred.
- [F2]On April 25, 2024, the Reporting Person received shares of Class A Common Stock in settlement of Consideration Allocation Rights pursuant to the Allocation Agreement.
- [F3]Reflects shares of Class A Common Stock held in the Reporting Person's spouse's individual retirement account.
Documents
Issuer
Kinetik Holdings Inc.
CIK 0001692787
Entity typeother
Related Parties
1- filerCIK 0001579251
Filing Metadata
- Form type
- 4
- Filed
- Apr 28, 8:00 PM ET
- Accepted
- Apr 29, 4:31 PM ET
- Size
- 9.7 KB