SEC Form 4 · accession 0001389050-19-000032
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
Mar 4, 2019
Accepted (ET)
Mar 6, 2019 · 3:59 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 Stock | Mar 4, 2019 | M | 44,643 | $0.00 | A | 1,235,009 | D | |
| Common Stock | Mar 4, 2019 | F | 36,216 | $9.85 | D | 1,198,793 | D | |
| Common Stock | holding | — | — | — | 1,176 | I | 401(k) Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF2 | — | Mar 4, 2019 | M | 44,643 | D | Mar 4, 2019 | Mar 4, 2019 | Common Stock | 44,643 | 0 | D |
Explanation of responses
- F1Issuer withheld the maximum allowable shares to satisfy the tax withholding obligations associated with the vesting of restricted shares and restricted stock units.
- F2On April 26, 2018, the reporting person received restricted stock units in exchange for Archrock Partners, L.P. ("APLP") phantom units in connection with the merger of APLP with and into a wholly owned subsidiary of the Issuer; the restricted stock units were subject to the same vesting restrictions as the original grant.