Steven Stellato Sells $113K of Kinetik Holdings Inc (KNTK) — SEC Form 4, Mar 11, 2024

Open-Market Net Sale · SEC Form 4

−$113,077

Equity position changed by +8.0%

Reporting Owner

Steven Stellato

CAO

TXN 2024-03-11 · FILED 2024-03-11

Equity Position 350K sh 324,343 → 350,160

Equity Change +8.0% shares held after vs before

Filing Lag 0 business days within 2-day SEC deadline

Form 4 · Statement of Changes in Beneficial Ownership

Kinetik Holdings Inc

KNTK CIK 0001692787

All Kinetik Holdings Inc insider activity

Filing Date: 2024-03-11
Report Date: 2024-03-07
Accession No.: 0000950170-24-029568
Accepted At: 2024-03-12 00:22 UTC

Reporting Owner

Name	Relationship
Steven Stellato CIK 0001644123	CAO

Steven Stellato at Kinetik Holdings Inc Full insider history

Bought (12 mo) —

Sold (12 mo) $136,396

More from this insider at Kinetik Holdings Inc

2026-08-10	Award	—	View
2026-03-06	Sell	-$136,396	View
2026-03-04	Award	—	View
2026-02-24	Award	—	View
2026-01-06	Award	—	View

All filings by this insider at Kinetik Holdings Inc

Non-Derivative Securities Transactions

Title	Date	Type	Shares	Price	Net Total	Post-Txn	Ownership
Class A Common Stock, par value $0.001F1 F1	2024-03-07	A - Award/Grant	12,855 A	$0.00	—	332,044	Direct
Class A Common Stock, par value $0.001F2	2024-03-11	S - Sale	3,179 D	$35.57	-$113,077	328,865	Direct
Class A Common Stock, par value $0.001F3 F3 F4	2024-03-07	A - Award/Grant	16,141 A	$0.00	—	350,160	Direct

Derivative Securities Transactions

Title	Strike	Date	Type	Shares	Price	Expiration	Underlying	Ownership
Performance Share UnitsF5 F5 F5		2024-03-07	A - Award/Grant	8,452 A	$0.00		8,452 Class A Common Stock, par value $0.001	Direct

Footnotes (5)

F1: Represents an award of fully vested shares of Class A Common Stock, par value $0.001 per share ("Class A Common Stock") of Kinetik Holding Inc. (the "Issuer") granted to the Reporting Person in lieu of cash settlement of the annual incentive award earned by the Reporting Person for the 2023 fiscal year. Show more
F2: Represents shares of Class A Common Stock sold by the Reporting Person to cover tax withholding obligations in connection with the award of vested shares in lieu of cash settlement of the annual incentive award earned by the Reporting Person for the 2023 fiscal year. Show more
F3: Represents an award of restricted stock units ("RSUs") granted to the Reporting Person under the Kinetik Holdings Inc. 2019 Omnibus Compensation Plan (the "Plan") that will vest on January 1, 2027, subject to the Reporting Person's continued employment through such date, and may be settled only for shares of Class A Common Stock on a one-for-one basis. Show more
F4: Includes 5,154 shares of Class A Common Stock not previously reported pursuant to Rule 16a-11 under the Securities Exchange Act of 1934 that were acquired under the Issuer's Dividend and Distribution Reinvestment Plan after the Reporting Person's immediately prior Form 5 filing. Show more
F5: Represents an award of performance share units ("PSUs") representing a contingent right to receive one share of Class A Common Stock. Between 0% and 200% of the target number of PSUs granted, which were granted under the Plan, are eligible to vest based on continued employment and the Issuer's annualized total shareholder return over the period from January 1, 2024, through December 31, 2026. Show more