4//SEC Filing
ORDEMANN WILLIAM 4
Accession 0000950170-24-063114
CIK 0001692787other
Filed
May 20, 8:00 PM ET
Accepted
May 21, 6:00 PM ET
Size
6.2 KB
Accession
0000950170-24-063114
Insider Transaction Report
Form 4
ORDEMANN WILLIAM
Director
Transactions
- Award
Class A Common Stock
2024-05-20+3,488→ 3,909 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. Amended and Restated 2019 Omnibus Compensation Plan, as amended from time to time (the "Plan"), settlement of such vested RSUs has been deferred until the earliest to occur of a Change of Control (as defined in the Plan), the reporting person's termination from service with Kinetik Holdings Inc. (the "Company"), or January 1, 2027
- [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 8 additional RSUs acquired by the reporting person since the date of the reporting person's last Form 4 in connection with the reinvestment of dividends described herein.
Documents
Issuer
Kinetik Holdings Inc.
CIK 0001692787
Entity typeother
Related Parties
1- filerCIK 0001183245
Filing Metadata
- Form type
- 4
- Filed
- May 20, 8:00 PM ET
- Accepted
- May 21, 6:00 PM ET
- Size
- 6.2 KB