SEC Form 4 · accession 0001389050-18-000059
Archrock, Inc. · AROC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Edward Rice
Officer — Senior Vice President
Period of report
Aug 20, 2018
Accepted (ET)
Aug 21, 2018 · 2:49 pm EDT
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 StockF1 | Aug 20, 2018 | M | 3,869 | $0.00 | A | 191,766 | D | |
| Common Stock | Aug 20, 2018 | F | 2,943 | $12.55 | D | 188,823 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1,F3 | — | Aug 20, 2018 | M | 3,869 | D | — | Aug 20, 2020 | Common Stock | 3,869 | 7,739 | D |
Explanation of responses
- F1Restricted stock units convert into common stock on a one-for-one basis.
- F2Issuer withheld the maximum allowable shares to satisfy the tax withholding obligations associated with the vesting of restricted shares and restricted stock units.
- F3On April 26, 2018, the reporting person received restricted stock units in exchange for Archrock Partners, L.P. ("APLP") common units in connection with the merger of APLP with and into a wholly owned subsidiary of the Issuer; the restricted stock units are subject to the same vesting restrictions as the original grant.