4//SEC Filing
Welch Jamie 4
Accession 0000950170-24-117873
CIK 0001692787other
Filed
Oct 27, 8:00 PM ET
Accepted
Oct 28, 8:21 PM ET
Size
10.7 KB
Accession
0000950170-24-117873
Insider Transaction Report
Form 4
Welch Jamie
DirectorSee Remarks
Transactions
- Exercise/Conversion
Class A Common Stock
2024-10-24+3→ 3,604,483 total - Exercise/Conversion
Consideration Allocation Rights
2024-10-24−3→ 24,382 total→ Class A Common Stock (3 underlying)
Holdings
- 1,462(indirect: By Spouse)
Class A Common Stock
- 1,517(indirect: By 401(k))
Class A Common Stock
Footnotes (5)
- [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 October 24, 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. Includes an additional 28 shares acquired by the Reporting Person's spouse since the date of the Reporting Person's last Form 4 pursuant to Company's Dividend Reinvestment Plan ("DRIP"), which acquisition was exempt from Section 16 pursuant to Rule 16a-11 under the Exchange Act.
- [F4]Includes an additional 5,252 shares of Class A Common Stock acquired since the date of the Reporting Person's last Form 4 pursuant to the Company's DRIP, which acquisitions were exempt from Section 16 pursuant to Rule 16a-11 under the Securities Exchange Act of 1934, as amended.
- [F5]Includes an additional 592 shares of Class A Common Stock acquired by the Reporting Person since the date of the Reporting Person's last Form 4 in acquisitions exempt from Section 16 pursuant to Rule 16a-11 and Rule 16b-3(c) under the Exchange Act.
Documents
Issuer
Kinetik Holdings Inc.
CIK 0001692787
Entity typeother
Related Parties
1- filerCIK 0001579251
Filing Metadata
- Form type
- 4
- Filed
- Oct 27, 8:00 PM ET
- Accepted
- Oct 28, 8:21 PM ET
- Size
- 10.7 KB