SEC Form 4 · accession 0001209191-15-001612
Approach Resources Inc · AREX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Qingming Yang
Officer — Chief Operating Officer
Period of report
Dec 31, 2014
Accepted (ET)
Jan 5, 2015 · 7:51 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001405073
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Dec 31, 2014 | F | 12,464 | $0.00 | D | 289,402 | D | |
| Common StockF2 | Dec 31, 2014 | D | 7,036 | $0.00 | D | 282,366 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents tax liability on December 31, 2014, by withholding 5,470 shares, 3,255 shares, 1,283 shares, and 2,456 shares incident to the vesting of securities under Restricted Stock Award Agreements dated August 6, 2010, March 7, 2011, February 21, 2012, and February 20, 2013, respectively, between the Reporting Person and the Issuer.
- F2Represents shares granted on February 21, 2012 which were subject to the issuer's three-year total shareholder return (TSR) performance. As of December 31, 2014, TSR metrics were not met and the 7,036 shares were forfeited.