D. Clay Bretches Form 4 APACHE / D. Clay Bretches ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Bretches D. Clay

(Last) (First) (Middle)

2000 POST OAK BLVD, STE 100

(Street)

HOUSTON TX 77056

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
APACHE CORP [ APA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Exec VP - Operations

3. Date of Earliest Transaction (Month/Day/Year)
02/01/2020

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/01/2020		M		2,390	A	(1)	2,390	D
Common Stock	02/01/2020		D(1)		2,390	D	$27.44	0	D
Common Stock	02/01/2020		M(2)		5,000	A	$0	5,000	D
Common Stock	02/01/2020		F(3)		1,968	D	$27.44	3,032	D
Common Stock	02/01/2020		M(2)		3,585	A	$0	6,617	D
Common Stock	02/01/2020		F(3)		1,411	D	$27.44	5,206	D(4)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock / Units	$0(1)	02/01/2020		M			2,390	(5)	(5)	Common Stock	2,390	$0(1)	56,813	D
Restricted Stock / Units	$0(6)	02/01/2020		M			5,000	(2)	(2)	Common Stock	5,000	$0	51,813	D
Restricted Stock / Units	$0(6)	02/01/2020		M			3,585	(2)	(2)	Common Stock	3,585	$0	48,228	D

Explanation of Responses:

1. Each restricted stock unit is the economic equivalent of one share of the Issuer's common stock and can only be settled in cash.

2. Vesting on 02/01/2020 of restricted stock units under the employer plan. Vesting occurs ratably over three years.

3. Shares withheld to cover required tax withholding on vesting of restricted stock.

4. Table does not reflect vesting on 02/01/2020 of 36,687 performance restricted stock units granted under the employer plan and tied solely to Altus Midstream Company's Class A common stock price. The restricted stock units can be settled only in cash and vesting occurs ratably over three years.

5. Vesting on 02/01/2020 of cash-based restricted stock units under employer plan. Vesting occurs ratably over three years.

6. One share of Apache common stock for each restricted stock unit.

	D. Clay Bretches	02/04/2020
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
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