PLANK RAYMOND 4
4 · APACHE CORP · Filed Feb 25, 2009
Insider Transaction Report
Form 4
APACHE CORPAPA
PLANK RAYMOND
Other
Transactions
- Exercise/Conversion
Common Stock
2009-02-24$49.71/sh+45,481$2,260,861→ 109,510 total - Sale
Common Stock
2009-02-24$59.36/sh−45,481$2,699,798→ 64,029 total - Exercise/Conversion
Common Stock
2009-02-24$56.73/sh+47,625$2,701,766→ 111,654 total - Sale
Common Stock
2009-02-24$59.51/sh−47,625$2,833,959→ 64,029 total - Discretionary Transaction
Common Stock
2009-02-24$59.15/sh−9,229.519$545,926→ 0 total(indirect: By Trust) - Exercise/Conversion
Option - Buy $49.71
2009-02-24−45,481→ 0 totalExercise: $49.71From: 2005-07-12Exp: 2011-05-02→ Common Stock (45,481 underlying) - Other
Phantom Stock Units
2009-02-24+152.076→ 60,475.571 totalExercise: $0.00→ Common Stock (152.076 underlying) - Exercise/Conversion
Option (Buy $56.73)
2009-02-24−47,625→ 0 totalExercise: $56.73Exp: 2015-05-05→ Common Stock (47,625 underlying)
Holdings
- 4,000(indirect: Plank Family Apache Assoc L.P.)
Common Stock
- 17,750(indirect: Plank Family Apache Inv. L.P.)
Common Stock
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]With tandem tax withholding right
- [F3]Exercisable ratably over four years, beginning 05/05/2006
- [F4]One share of Apache common stock for each phantom stock unit.
- [F5]Exempt acquisition pursuant to Rule 16b-3(d) - accrued under the deferred compensation provisions of Apache's Deferred Delivery Plan as of 02/23/2009 - data provided by the plan administrator on 02/24/2009.