KOCUR JOHN A 4
4 · APACHE CORP · Filed Sep 17, 2012
Insider Transaction Report
Form 4
APACHE CORPAPA
KOCUR JOHN A
Director
Transactions
- Disposition to Issuer
Common Stock
2012-09-15$92.48/sh−456$42,171→ 43,323.3 total - Exercise/Conversion
Common Stock
2012-09-15+1,139→ 43,779.3 total - Exercise/Conversion
Restricted Stock / Units
2012-09-15−1,139→ 1,140 totalExercise: $0.00→ Common Stock (1,139 underlying)
Footnotes (4)
- [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]Vesting on 09/15/2012 of restricted stock units granted to each of Apache's non-employee directors under 2011 Omnibus Equity Compensation Plan.
- [F3]This transaction is not a sale. Exempt disposition to issuer of portion of restricted stock units payable in cash upon vesting. The 2011 Omnibus Equity Compensation Plan contained such provision when approved by stockholders in May 2011, and the restricted stock units contained such terms when granted under the terms of such plan. Of the total 1,139 restricted stock units that vested on 09/15/2012, 60 percent (683 restricted stock units) is payable in Apache common stock and 40 percent (456 restricted stock units) is payable in cash and is characterized in this report as a disposition to the issuer.
- [F4]One share of Apache common stock for each restricted stock unit.