BENDER JEFFREY M 4
4 · APACHE CORP · Filed Jun 18, 2007
Insider Transaction Report
Form 4
APACHE CORPAPA
BENDER JEFFREY M
Vice President
Transactions
- Exercise/Conversion
Common Stock
2007-06-18+825→ 29,344 total - Tax Payment
Common Stock
2007-06-18$86.17/sh−301$25,937→ 29,043 total - Exercise/Conversion
Conditional Grant ($81.00 Threshold)
2007-06-18−825→ 2,475 totalExercise: $0.00Exp: 2010-07-14→ Common Stock (825 underlying)
Footnotes (5)
- [F1]The shares of common stock of Apache are deemed to also represent certain preferred stock purchase rights ('Rights'). The Rights are not currently exercisable or separately tradable and presently are evidenced by certificates for shares of the common stock. Value attributable to such Rights, if any, is reflected in the market price of the common stock.
- [F2]$81.00 price threshold attained on 06/14/2007 under the terms of 2000 Share Appreciation Plan, data for this vesting provided by the plan administrator on 06/18/2007. Grant vested one-fourth on each of 06/14/2007, 06/14/2008, 06/14/2009,and 06/14/2010, and vested portion distributed within 30 days of each such date.
- [F3]Shares used to cover required tax withholding on 06/14/2007 vesting of conditional grant. Data provided by the plan administrator on 06/18/2007.
- [F4]With tandem tax withholding right
- [F5]Payable if Apache common stock attains the per share price threshold prior by 01/01/2008. If threshold is attained, will be paid over four vesting dates: within 30 days after the date on which the price threshold is attained, and the dates 12 months, 24 months, and 36 months following such date of attainment.