Approach Resources Inc 4
4 · Approach Resources Inc · Filed Jan 4, 2017
Insider Transaction Report
Form 4
Craft J. Ross
DirectorPresident & CEO
Transactions
- Disposition to Issuer
Common Stock
2016-12-31−31,235→ 1,397,487 total - Disposition to Issuer
Common Stock
2016-12-31−31,790→ 1,365,697 total
Footnotes (2)
- [F1]Represents shares granted on February 21, 2014 which were subject to the issuer's three-year total shareholder return (TSR) performance. As of December 31, 2016, TSR metrics were not met and the 31,235 shares were forfeited.
- [F2]Represents a portion of the tax liability on December 31, 2016, satisfied by withholding 31,790 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.