SEC Form 4 · accession 0001209191-18-005934
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
Jan 25, 2018
Accepted (ET)
Jan 29, 2018 · 6:40 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 | Jan 25, 2018 | D | 17,704 | $0.00 | D | 604,671 | D | |
| Common StockF2 | Jan 25, 2018 | F | 13,933 | $0.00 | D | 590,738 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents a portion of shares granted on February 23, 2015 which were subject to the issuer's three-year shareholder return (TSR) performance. As of January 25, 2018, the Compensation Committee of the issuer ratified the issuer's performance against certain TSR metrics, and 17,704 shares were forfeited.
- F2Represents the tax liability on January 25, 2018, satisfied by withholding 13,933 shares incident to the vesting of securities under a Restricted Stock Award Agreement dated February 23, 2015 between the Reporting Person and the Issuer.