Form 4 for KNTK Kinetik Holdings Inc.

Accepted 2022-07-05 00:00:00 ET · period of report 2022-06-30 · accession 0000899243-22-025043 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
	2022-07-05	2022-06-30	KNTK	LELAND D MARK	Dir	A - Grant	$0.00	+3,627	11.2K	+48%	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Class A Common Stock	2022-06-30	A	A	3,627	$0.00	11,223	D	—	—	(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. (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 reporting person's termination from service with Kinetik Holdings Inc. (the "Company"). (F3) Total shares reported reflect the Company's two-for-one stock split which was effected via a stock dividend on June 8, 2022.