4//SEC Filing
ORDEMANN WILLIAM 4
Accession 0000950170-24-041964
CIK 0001692787other
Filed
Apr 3, 8:00 PM ET
Accepted
Apr 4, 6:42 PM ET
Size
5.8 KB
Accession
0000950170-24-041964
Insider Transaction Report
Form 4
ORDEMANN WILLIAM
Director
Transactions
- Award
Class A Common Stock
2024-04-04+413→ 413 total
Footnotes (2)
- [F1]Represents a fully vested award of restricted stock units ("RSUs") that may be settled only for shares of common stock on a one-for-one basis. Pursuant to the reporting person's election under the Kinetik Holdings Inc. 2019 Omnibus Compensation Plan, as amended from time to time (the "Plan"), settlement of such vested RSUs has been deferred until the earliest to occur of a Change of Control (as defined in the Plan), the reporting person's termination from service with Kinetik Holdings Inc. (the "Company"), or January 1, 2027.
- [F2]While the RSUs remain outstanding, an amount equal to the dividends that would have been paid on the RSUs had they been in the form of common stock will be reinvested into additional RSUs based on the same amount at which dividends are reinvested pursuant to the Company's Dividend Reinvestment Plan, as amended from time to time (the "DRIP"). The additional RSUs will be immediately vested in full and, pursuant to the reporting person's election under the Plan, will be settled at the same time as the initial RSUs subject to the award, as described in Note 1 above.
Documents
Issuer
Kinetik Holdings Inc.
CIK 0001692787
Entity typeother
Related Parties
1- filerCIK 0001183245
Filing Metadata
- Form type
- 4
- Filed
- Apr 3, 8:00 PM ET
- Accepted
- Apr 4, 6:42 PM ET
- Size
- 5.8 KB