Steven Stellato Receives Stock Award at Kinetik Holdings Inc (KNTK) — SEC Form 4, Dec 18, 2024

SEC Form 4 · No Market Transaction

Stock Award

Compensation grant — no market purchase or sale.

Reporting Owner

Steven Stellato

CAO

TXN 2024-12-17 · FILED 2024-12-18

Equity Position 357K sh 347,293 → 357,445

Equity Change +2.9% shares held after vs before

Filing Lag 1 business day within 2-day SEC deadline

Form 4 · Statement of Changes in Beneficial Ownership

Kinetik Holdings Inc

KNTK CIK 0001692787

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

Non-Derivative Securities Transactions

Title	Date	Type	Shares	Price	Net Total	Post-Txn	Ownership
Class A Common Stock, par value $0.001F1 F1	2024-12-16	A - Award/Grant	7,285 A	$0.00	—	357,445	Direct
Class A Common Stock, par value $0.001F2	2024-12-17	F - Tax Payment	2,867 A	$56.43	+$161,785	354,578	Direct

Derivative Securities Transactions

Title	Strike	Date	Type	Shares	Price	Expiration	Underlying	Ownership
Performance Share UnitsF3 F3 F3		2024-12-16	A - Award/Grant	927 A	$0.00		9,379 Class A Common Stock, par value $0.001	Direct

Footnotes (3)

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 2024 fiscal year. Show more
F2: Shares withheld by the Company to satisfy the Reporting Person's tax liability on the Reporting Person's annual incentive award. Show more
F3: Reflects 927 dividend equivalent shares accrued on Performance Share Units ("PSUs") granted to the Reporting Person under the Issuer's Amended and Restated 2019 Omnibus Compensation Plan (the "Plan") and the Issuer's Dividend and Distribution Reinvestment Plan after the Reporting Person's immediately prior Form 5 filing. Each dividend equivalent unit reflects the right to receive Class A Common Stock, subject to the terms and conditions (including vesting and settlement terms) applicable to the corresponding PSU. During the 2-year vesting period the award will be credited with dividend equivalents that will be paid out in Class A Common Stock at the time the underlying units vest and shares are issued. The award and credited dividend will be payable on a one-to-one basis of Class A Common Stock for each vested PSU, including PSUs, resulting from dividend equivalents. Show more