Approach Resources Inc 4
4 · Approach Resources Inc · Filed Jan 4, 2016
Insider Transaction Report
Form 4
Craft J. Ross
DirectorPresident & CEO
Transactions
- Tax Payment
Common Stock
2015-12-31−15,326→ 1,240,437 total - Disposition to Issuer
Common Stock
2015-12-31−22,041→ 1,218,396 total
Footnotes (2)
- [F1]Represents a portion of the tax liability on December 31, 2015, by withholding 15,326 shares incident to the vesting of securities under Restricted Stock Award Agreements dated February 21, 2012, February 20, 2013, and February 21, 2014 between the Reporting Person and the Issuer.
- [F2]Represents shares granted on February 20, 2013 which were subject to the issuer's three-year total shareholder return (TSR) performance. As of December 31, 2015, TSR metrics were not met and the 22,041 shares were forfeited.