BENSON MICHAEL J 4

Accession 0001357400-08-000009

CIK 0000006769other

View on SEC.gov Company Profile

Filed

Jan 3, 7:00 PM ET

Accepted

Jan 4, 1:33 PM ET

Size

24.8 KB

Accession

0001357400-08-000009

Insider Transaction Report

Form 4

Period: 2008-01-02

APACHE CORPAPA

BENSON MICHAEL J

Vice President

Transactions

Expiration (Short)
Option (Buy $56.73)
2008-01-02−1,400→ 700 total
Exercise: $56.73Exp: 2015-05-05→ Common Stock (1,400 underlying)
Expiration (Short)
Restricted Stock Units
2008-01-02−2,600→ 0 total
Exercise: $0.00→ Common Stock (2,600 underlying)
Expiration (Short)
Conditional Grant ($108 Threshold)
2008-01-02−2,920→ 0 total
Exercise: $0.00Exp: 2008-12-31→ Common Stock (2,920 underlying)
Expiration (Short)
Option (Buy $74.10)
2008-01-02−2,600→ 0 total
Exercise: $74.10Exp: 2017-05-02→ Common Stock (2,600 underlying)
Expiration (Short)
Conditional Grant ($81.00 Threshold)
2008-01-02−1,455→ 0 total
Exercise: $0.00Exp: 2007-12-31→ Common Stock (1,455 underlying)
Expiration (Short)
Option (Buy $71.88)
2008-01-02−1,725→ 575 total
Exercise: $71.88Exp: 2016-05-03→ Common Stock (1,725 underlying)
Expiration (Short)
Restricted Stock Units
2008-01-02−450→ 5,725 total
Exercise: $0.00→ Common Stock (450 underlying)
Expiration (Short)
Restricted Stock Units
2008-01-02−1,400→ 4,325 total
Exercise: $0.00→ Common Stock (1,400 underlying)
Expiration (Short)
Restricted Stock Units
2008-01-02−1,725→ 2,600 total
Exercise: $0.00→ Common Stock (1,725 underlying)

Footnotes (10)

[F1]With tandem tax withholding right
[F10]Restricted stock units granted under employer plan. The units vest ratably over four years beginning one year from the date of grant.
[F2]Payable if Apache common stock attains the per share price threshold prior to 01/01/2009. 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.
[F3]Upon termination of employment, forfeited for no value - exempt pursuant to Rule 16(b)-6(d).
[F4]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.
[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.
[F6]Exercisable ratably over four years, beginning 05/05/2006
[F7]Exercisable ratably over four years beginning 05/03/2007.
[F8]Exercisable ratably over four years beginning 05/02/2008.
[F9]One share of Apache common stock for each restricted stock unit.

Documents

1 file

4
f4formjb.xmlPrimary
PRIMARY DOCUMENT

Issuer

APACHE CORP

CIK 0000006769

→

Entity typeother

Related Parties

filerCIK 0001240210

Filing Metadata

Form type: 4
Filed: Jan 3, 7:00 PM ET
Accepted: Jan 4, 1:33 PM ET
Size: 24.8 KB

View on SEC.gov