4//SEC Filing
APACHE CORP 4
Accession 0001357400-13-000126
CIK 0000006769operating
Filed
Aug 18, 8:00 PM ET
Accepted
Aug 19, 11:42 AM ET
Size
12.0 KB
Accession
0001357400-13-000126
Insider Transaction Report
Form 4
APACHE CORPAPA
KOCUR JOHN A
Director
Transactions
- Disposition to Issuer
Common Stock
2013-08-15$80.27/sh−456$36,603→ 44,007.3 total - Exercise/Conversion
Restricted Stock / Units
2013-08-15−1,140→ 1,868 totalExercise: $0.00→ Common Stock (1,140 underlying) - Exercise/Conversion
Common Stock
2013-08-15+1,140→ 44,463.3 total - Award
Restricted Stock / Units
2013-08-15+1,868→ 3,008 totalExercise: $0.00→ Common Stock (1,868 underlying)
Footnotes (6)
- [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 08/15/2013 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 1,140 restricted stock units that vested on 08/15/2013, 60 percent (684 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]With tandem tax withholding right
- [F5]One share of Apache common stock for each restricted stock unit.
- [F6]Restricted stock units granted on 08/15/2013 to each of Apache's non-employee directors under 2011 Omnibus Equity Compensation Plan, which plan was approved by stockholders in May 2011. The units vest 50% thirty days after grant date and 50% twelve months after grant date. There are no dividend equivalents associated with this grant.
Documents
Issuer
APACHE CORP
CIK 0000006769
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000006769
Filing Metadata
- Form type
- 4
- Filed
- Aug 18, 8:00 PM ET
- Accepted
- Aug 19, 11:42 AM ET
- Size
- 12.0 KB