SEC Form 4 · accession 0001389050-15-000035
Archrock, Inc. · AROC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
D Bradley Childers
Officer — President and CEO · Director
Period of report
Nov 4, 2015
Accepted (ET)
Nov 5, 2015 · 8:55 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001389050
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Nov 4, 2015 | A | 158,730 | $0.00 | A | 356,231 | D | |
| Common Stock | Nov 4, 2015 | F | 14,912 | $12.60 | D | 341,319 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents a restricted stock award granted under the Issuer's 2013 Stock Incentive Plan, one-third of the award was fully vested upon grant, one-third will vest on November 3, 2016 and one-third will vest on November 3, 2017, subject to continued employment on each applicable vesting date.
- F2Also includes an adjustment of restricted shares awarded to Reporting Person on March 4, 2015 under the Issuer's 2013 Stock Incentive Plan, as amended, due to a spin-off transaction by Exterran Holdings, Inc. (renamed Archrock, Inc.) on November 3, 2015; such shares continue to be subject to ratable vesting on each anniversary date of grant over a three year period, subject to continued employment on each applicable vesting date.
- F3Issuer withheld the maximum allowable shares to satisfy the tax withholding obligations associated with the award to the Reporting Person of fully vested common stock on November 4, 2015.