SEC Form 4 · accession 0001209191-17-001329
Approach Resources Inc · AREX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
J Curtis Henderson
Officer — Chief Administrative Officer
Period of report
Dec 31, 2016
Accepted (ET)
Jan 4, 2017 · 6:03 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, 2016 | D | 13,801 | $0.00 | D | 523,380 | D | |
| Common StockF2 | Dec 31, 2016 | D | 26,090 | $0.00 | D | 497,290 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares granted on February 21, 2014 which were subject to the issuer's three-year shareholder return (TSR) performance. As of December 31, 2016, TSR metrics were not met and the 13,801 shares were forfeited.
- F2Represents the tax liability on December 31, 2016, satisfied by withholding 26,090 shares incident to the vesting of securities under Restricted Stock Award Agreements dated February 20, 2013, February 21, 2014, and February 23, 2015 between the Reporting Person and the Issuer.