SEC Form 4 · accession 0001209191-15-018638
Approach Resources Inc · AREX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sergei Krylov
Officer — EVP & Chief Financial Officer
Period of report
Feb 23, 2015
Accepted (ET)
Feb 25, 2015 · 5:01 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 | Feb 23, 2015 | A | 159,335 | $0.00 | A | 285,072 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares of restricted stock granted under the issuer's 2007 Stock Incentive Plan and exempt under Rule 16b-3(d). 106,223 of the shares vest annually in two equal installments beginning on December 31, 2016, subject to performance conditions. The remaining 53,112 of shares vest December 31, 2017, subject to the issuer's three-year total shareholder return performance.