Apache Corporation
APACHE CORP (Form: 4, Received: 01/11/2017 17:23:32)
FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Ables Grady L
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)
Sr. Region Vice President
(Last)          (First)          (Middle)

C/O APACHE CORPORATION, 2000 POST OAK BLVD., STE 100
3. Date of Earliest Transaction (MM/DD/YYYY)

1/11/2017
(Street)

HOUSTON, TX 77056
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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   1/11/2017   (1)   M    848.   A $0   10904.   D    
Common Stock   1/11/2017   (2)   F    401.   D $62.36   10503.   D    
Common Stock                  7375.64   I   Held by Trustee of 401(k) Plan  
Common Stock                  7194.381   I   Held by Trustee NQ Plan  
Common Stock                  2526.976   I   Held by Trustee RNQ Plan  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 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 of Derivative Security: 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   (3) $0   (4) 1/11/2017     M         848.      (1)   (1) Common Stock   848.   $0   39621.   D    

Explanation of Responses:
( 1)  Vesting on 01/09/2017 of restricted stock units under employer plan. Vesting occurs 25% per year over four years. Data provided by plan administrator on 01/11/2017.
( 2)  Shares withheld to cover required tax withholding on vesting of restricted stock effective as of 01/09/2017. Data provided by plan administrator on 01/11/2017.
( 3)  With tandem tax withholding right
( 4)  One share of Apache common stock for each restricted stock unit.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Ables Grady L
C/O APACHE CORPORATION
2000 POST OAK BLVD., STE 100
HOUSTON, TX 77056


Sr. Region Vice President

Signatures
Raj Sharma, Attorney-in-Fact 1/11/2017
** 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).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.