APA Corp completed its merger with Callon Petroleum on 4/1/2024 for 1.0425 shares of APA Corp stock for each CPE share.
The Form S-4/A SEC filing for this merger can be found through the SEC EDGAR web site at:
https://www.sec.gov/Archives/edgar/data/1841666/000119312524033974/d664038ds4a.htm#toc

The companies plan to structure the merger so it is a non-taxable event. We will assume they are successful and will treat this merger as a simple merger. The information below is based on the information available from a form S-4/A filed with the SEC. Price information is
from websites offering historical prices.

NOTE: The companies state they will endeavor to satisfy the conditions necessary to make this transaction non-taxable. However, there is the possibility the IRS will disagree with their characterization. These instructions assume the companies succeed in their efforts.
New instructions will be written, if and when it becomes known the merger should be treated as a taxable event.

The Merger Entry: Go to Accounting > Securities > Record merger of securities in myICLUB. If you are unfamiliar with merger transactions you can get help at this URL:
https://www.myiclub.com/faq/article.aspx?id=52

Here is the information needed for Callon Petroleum shareholders to enter the merger.

• Date: 4/1/2024
• Old Security or Merging Company: Callon Petroleum (CPE)
• Price per share of old Security / : Use last CPE valuation, if needed
• Cash received: See your broker statement for cash-in-lieu
• New Security: APA Corp (APA)
• New Security Price: 35.43 (Closing price on 4/1/2024)
• Shares received : 1.0425 x (# of CPE shares owned).
  • (Remember to include fractional shares.) For example, if you owned 100 CPE shares, you should receive 1.0425 x 100 = 104.25 APA
    shares.

Save the transaction and the merger has been entered.