SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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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1. Name and Address of Reporting Person*
French David L.

(Last) (First) (Middle)
ONE POST OAK CENTRAL
2000 POST OAK BLVD, SUITE 100

(Street)
HOUSTON TX 77056-4400

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
01/13/2010
3. Issuer Name and Ticker or Trading Symbol
APACHE CORP [ APA ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Vice President
5. 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 Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock(1) 14 D
Common Stock(1) 105.226 I Held by Trustee 401(k) Plan
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Conditional Grant ($108 Threshold)(2) 02/29/2008 03/01/2011 Common Stock(1) 1,620 $0.00(3) D
Conditional Grant ($162 Threshold) (5) 12/31/2010 Common Stock(1) 1,330 $0.00(4) D
Conditional Grant ($216 Theshold) (7) 12/31/2012 Common Stock(1) 2,000 $0.00(6) D
Conditional Grant ($81.00 Threshold)(2) 06/14/2007 06/14/2010 Common Stock(1) 523 $0.00(8) D
Option (Buy $71.88)(2) (9) 05/03/2016 Common Stock(1) 2,680 $71.88 D
Option (Buy $73.34)(2) 12/14/2009 12/14/2015 Common Stock(1) 3,500 $73.34 D
Option (Buy $74.10)(2) (10) 05/02/2017 Common Stock(1) 2,900 $74.1 D
Option (Buy $82.55)(2) (11) 05/06/2019 Common Stock(1) 1,800 $82.55 D
Restricted Stock Units(2) (13) (13) Common Stock(1) 2,100 $0.00(12) D
Explanation of Responses:
1. The shares of common stock of Apache are deemed to also represent certain preferred stock purchase rights ('Rights'). The Rights are not currently exercisable or separately tradable and presently are evidenced by certificates for shares of the common stock. Value attributable to such Rights, if any, is reflected in the market price of the common stock.
2. With tandem tax withholding right
3. Payable if Apache common stock attains the per share price threshold prior to 01/01/2009. If threshold is attained, will be paid over four vesting dates: within 30 days after the date on which the price threshold is attained, and the dates 12 months, 24 months, and 36 months following such date of attainment.
4. Payable if Apache common stock attains the per share price threshold by 12/31/2010. If threshold is attained, will be paid over five vesting dates: within 30 days after the date on which the price threshold is attained, and the dates 12 months, 24 months, 36 months, and 48 months following such date of attainment.
5. Payable if Apache common stock attains the per share price threshold by 12/31/2010. If threshold attained, payable ratably in five installments over four years.
6. Payable if Apache common stock attains the per share price threshold by 12/31/2012. If threshold is attained, will be paid over five vesting dates: within 30 days after the date on which the price threshold is attained, and the dates 12 months, 24 months, 36 months, and 48 months following such date of attainment.
7. Payable if Apache common stock attains the per share price threshold by 12/31/2012. If threshold attained, will be paid in five installments over four years.
8. Payable if Apache common stock attains the per share price threshold prior by 01/01/2008. If threshold is attained, will be paid over four vesting dates: within 30 days after the date on which the price threshold is attained, and the dates 12 months, 24 months, and 36 months following such date of attainment.
9. Stock option granted 05/03/2006 under employer plan - data received from the plan administrator on 05/05/2006. Exercisable ratably over four years beginning 05/03/2007.
10. Stock option granted 05/02/2007 under employer plan - data received from the plan administrator on 05/02/2007. Exercisable ratably over four years beginning 05/02/2008.
11. Exercisable ratably over four years beginning 05/06/2010.
12. One share of Apache common stock for each restricted stock unit.
13. Restricted units granted under terms of the 2007 Omnibus Equity Compensation Plan. The units vest 25% per year on the first, second, third, and fourth anniversaries of the grant date.
David French 01/21/2010
** 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 5 (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.
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