0000899243-23-010415.txt : 20230404
0000899243-23-010415.hdr.sgml : 20230404
20230404163012
ACCESSION NUMBER: 0000899243-23-010415
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230331
FILED AS OF DATE: 20230404
DATE AS OF CHANGE: 20230404
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Byers Deborah L
CENTRAL INDEX KEY: 0001935696
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38048
FILM NUMBER: 23798207
MAIL ADDRESS:
STREET 1: C/O EXCELERATE ENERGY, INC.
STREET 2: 2445 TECHNOLOGY FOREST BLVD., LEVEL 6
CITY: THE WOODLANDS
STATE: TX
ZIP: 77381
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
X0407
4
2023-03-31
0
0001692787
Kinetik Holdings Inc.
KNTK
0001935696
Byers Deborah L
2700 POST OAK BLVD SUITE 300
HOUSTON
TX
77056
1
0
0
0
0
Deferred Stock Units
2023-03-31
4
A
0
4363
30.94
A
Class A Common Stock
4363
6207
D
The reporting person received a grant of deferred stock units ("DSU") in lieu of director cash compensation. Once vested, each DSU represents a contingent right to receive an amount in cash equal to the value of one share of Kinetik Holdings Inc.'s (the "Company") Class A common stock. 1,091 DSUs vested on April 1, 2023, 1,091 DSUs will vest on July 1, 2023, 1,091 DSUs will vest on October 1, 2023, and 1,090 DSUs will vest on January 1, 2024, so long as the reporting person continuously provides services to the Company from the date of grant through each vesting date. 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 vested DSUs has been deferred until the earliest to occur of a Change of Control (as defined in the Plan) or the reporting person's termination from service with the Company.
(continued from footnote 1) While the DSUs remain outstanding, an amount equal to the dividends that would have been paid on the DSUs had they been in the form of common stock will be reinvested into additional DSUs 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 additional DSUs will be subject to the same vesting schedule described above for the initial DSUs and, pursuant to the reporting person's election under the Plan, any additional DSUs that become vested will be settled at the same time as the initial DSUs subject to the award.
Amount reported includes 47 additional DSUs acquired by Ms. Byers since the date of Ms. Byers' last Form 5 in connection with the reinvestment of dividends described herein.
By: /s/ Todd Carpenter, Attorney-in-Fact
2023-04-04