SEC Form 4 · accession 0001209191-18-060663
Approach Resources Inc · AREX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ian M. Shaw
Officer — Chief Accounting Officer
Period of report
Nov 29, 2018
Accepted (ET)
Dec 3, 2018 · 6:09 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 | Nov 29, 2018 | A | 21,065 | $0.00 | A | 66,142 | D | |
| Common StockF2 | Nov 29, 2018 | A | 9,927 | $0.00 | A | 76,069 | D | |
| Common StockF3 | Nov 29, 2018 | F | 2,328 | $0.00 | D | 73,741 | D | |
| Common StockF4 | Dec 3, 2018 | F | 640 | $0.00 | D | 73,101 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares of restricted stock granted under the Issuer's 2018 Stock Incentive Plan. The grant is exempt under Rule 16b-3(d) and the shares vest in three equal installments beginning on the first anniversary of the grant date.
- F2Represents shares of fully vested common stock granted under the Issuer's 2018 Stock Incentive Plan. The grant is exempt under Rule 16b-3(d).
- F3Represents the tax liability on November 29, 2018 satisfied by withholding 2,328 shares incident to the award of common stock on November 29, 2018.
- F4Represents the tax liability on December 3, 2018 satisfied by withholding 640 shares incident to the award of common stock on December 3, 2015.