SEC Form 4 · accession 0001389050-16-000057
Archrock, Inc. · AROC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David S Miller
Officer — SVP and CFO
Period of report
Mar 4, 2016
Accepted (ET)
Mar 8, 2016 · 9:11 am 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 Stock | Mar 4, 2016 | A | 41,051 | $0.00 | A | 109,410 | D | |
| Common Stock | Mar 4, 2016 | F | 2,998 | $6.09 | D | 106,412 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This award represents a grant of restricted stock under the Archrock, Inc. 2013 Stock Incentive Plan that vests over a three-year period of employment at the rate of one-third per year beginning on the first anniversary of the grant date. The award is subject to accelerated vesting or forfeiture under certain conditions as set out in a Change of Control Agreement, Severance Benefit Agreement and Award Notice and Agreement entered into by the issuer and the reporting person.
- F2Issuer withheld the maximum allowable shares to satisfy the tax withholding obligations associated with the vesting of restricted shares.