Approach Resources Inc 4
4 · Approach Resources Inc · Filed Jun 9, 2017
Insider Transaction Report
Form 4
Craft J. Ross
DirectorPresident & CEO
Transactions
- Award
Common Stock
2017-06-07+260,617→ 1,956,314 total
Footnotes (1)
- [F1]Represents shares of restricted stock granted under the issuer's 2007 Stock Incentive Plan and exempt under Rule 16b-3(d). 173,745 of the shares vest annually in three equal installments beginning on December 31, 2017, subject to performance conditions. The remaining 86,872 shares vest December 31, 2019, subject to the issuer's three-year total shareholder return performance. The awards were made subject to the Form of Performance-Based, Time-Vesting Restricted Stock Award Agreement and the Revised Form of TSR-Based Restricted Stock Award Agreement, respectively, as previously filed by issuer with the Securities and Exchange Commission.