0000899243-22-027869.txt : 20220805
0000899243-22-027869.hdr.sgml : 20220805
20220805185609
ACCESSION NUMBER: 0000899243-22-027869
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220803
FILED AS OF DATE: 20220805
DATE AS OF CHANGE: 20220805
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Welch Jamie
CENTRAL INDEX KEY: 0001579251
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38048
FILM NUMBER: 221142049
MAIL ADDRESS:
STREET 1: 3738 OAK LAWN AVE.
CITY: DALLAS
STATE: TX
ZIP: 75219
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Kinetik Holdings Inc.
CENTRAL INDEX KEY: 0001692787
STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS TRANSMISSION [4922]
IRS NUMBER: 814675947
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 2700 POST OAK BLVD.
STREET 2: SUITE 300
CITY: HOUSTON
STATE: TX
ZIP: 77056
BUSINESS PHONE: 713-621-7330
MAIL ADDRESS:
STREET 1: 2700 POST OAK BLVD.
STREET 2: SUITE 300
CITY: HOUSTON
STATE: TX
ZIP: 77056
FORMER COMPANY:
FORMER CONFORMED NAME: Altus Midstream Co
DATE OF NAME CHANGE: 20181113
FORMER COMPANY:
FORMER CONFORMED NAME: Kayne Anderson Acquisition Corp
DATE OF NAME CHANGE: 20161220
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2022-08-03
0
0001692787
Kinetik Holdings Inc.
KNTK
0001579251
Welch Jamie
2700 POST OAK BOULEVARD SUITE 300
HOUSTON
TX
77056
1
1
0
0
See Remarks
Class A Common Stock
2022-08-03
4
M
0
39
0.00
A
2790394
D
Class A Common Stock
1200
I
By spouse
Consideration Allocation Rights
2022-08-03
4
M
0
39
D
Class A Common Stock
39
24519
D
Consideration Allocation Rights refer to the right of a holder thereof to receive on February 25, 2025 and February 25, 2026, or an earlier settlement date as described in the Consideration Allocation Agreement (the "Allocation Agreement"), dated as of February 22, 2022, by and among the Issuer and certain stockholders, on a one-for-one basis, additional shares of Class A Common Stock originally issued as consideration in connection with the transactions under the Contribution Agreement (the "Contribution Agreement"), dated October 21, 2021, by and among the Issuer, Kinetik Holdings LP, BCP Raptor Holdco, LP and New BCP Raptor Holdco, LLC, to the extent such shares of Class A Common Stock originally issued as consideration are forfeited by the original holders. Class A Common Stock or any other class or series of capital stock of the Issuer will be issued pursuant to Consideration Allocation Rights solely to the extent a corresponding forfeiture of specified shares has occurred.
On August 3, 2022, the Reporting Person received shares of Class A Common Stock in settlement of Consideration Allocation Rights pursuant to the Allocation Agreement.
Total number of shares of Class A Common Stock has been adjusted to reflect the two-for-one stock split the Company effected on June 8, 2022 with respect to its Class A Common Stock and Class C Common Stock. The stock split was accomplished by distributing one additional share of Class A Common Stock for each share of Class A Common Stock outstanding and one additional share of Class C Common Stock for each share of Class C Common Stock outstanding.
Includes an additional 75,239 shares (as adjusted to reflect the two-for-one stock split) acquired by Mr. Welch since the date of Mr. Welch's last Form 4 pursuant to the Company's Dividend and Distribution Reinvestment Plan, which acquisition was exempt from Section 16 pursuant to Rule 16a-11 under the Securities Exchange Act of 1934, as amended.
Reflects shares of Class A Common Stock held in the Reporting Person's spouse's individual retirement account.
Total number of Consideration Allocation Rights has been adjusted to reflect the two-for-one stock split the Company effected on June 8, 2022 with respect to its Class A Common Stock and Class C Common Stock. The stock split was accomplished by distributing one additional share of Class A Common Stock for each share of Class A Common Stock outstanding and one additional share of Class C Common Stock for each share of Class C Common Stock outstanding.
Chief Executive Officer, President, Chief Financial Officer
By: /s/ Todd Carpenter, Attorney-in-Fact
2022-08-05