SEC Form 4 · accession 0001209191-18-018591
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
Mar 7, 2018
Accepted (ET)
Mar 9, 2018 · 6:06 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 | Mar 7, 2018 | F | 23,347 | $0.00 | D | 699,297 | D | |
| Common StockF2 | Mar 7, 2018 | A | 71,650 | $0.00 | A | 770,947 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the tax liability on March 7, 2018 satisfied by withholding 23,347 shares incident to the vesting of securities under a Restricted Stock Award Agreement dated March 7, 2017 between the Reporting Person and the Issuer.
- F2Represents shares of restricted stock granted under the issuer's 2007 Stock Incentive Plan and exempt under Rule 16(b)-3(d). The 71,650 shares vest December 31, 2020, subject to the issuer's three-year total shareholder return performance. The awards were made subject to the Revised Form of TSR-Based Restricted Stock Award Agreement as previously filed by issuer with the Securities and Exchange Commission.