Craft J. Ross 4
4 · Approach Resources Inc · Filed Mar 9, 2018
Insider Transaction Report
Form 4
Craft J. Ross
DirectorPresident & CEO
Transactions
- Tax Payment
Common Stock
2018-03-07−47,185→ 1,829,337 total - Award
Common Stock
2018-03-07+145,236→ 1,974,573 total
Footnotes (2)
- [F1]Represents the tax liability on March 7, 2018, satisfied by withholding 47,185 shares incident to the vesting of securities under a Restricted Stock Award Agreement dated March 7, 2017 between the Reporting Person and the Issuer.
- [F2]Represents shares of restricted stock granted under the issuer's 2007 Stock Incentive Plan and exempt under Rule 16b-3(d). The 145,236 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.