4//SEC Filing
Hildebrandt Stephanie C 4
Accession 0001415889-22-001570
CIK 0001389050other
Filed
Feb 17, 7:00 PM ET
Accepted
Feb 18, 4:37 PM ET
Size
11.3 KB
Accession
0001415889-22-001570
Insider Transaction Report
Form 4
Archrock, Inc.AROC
Hildebrandt Stephanie C
SVP, GENERAL COUNSEL
Transactions
- Exercise/Conversion
Common Stock
2022-02-17+26,750→ 300,372 total - Tax Payment
Common Stock
2022-02-17$8.60/sh−6,515$56,029→ 293,857 total - Award
Restricted Stock Units
2022-02-17+26,750→ 26,750 total→ Common Stock (26,750 underlying) - Exercise/Conversion
Restricted Stock Units
2022-02-17−26,750→ 0 total→ Common Stock (26,750 underlying)
Footnotes (2)
- [F1]Represents an award of performance based restricted stock units, the payout of which was subject to the achievement of total shareholder return relative to the Issuer's peers over the period of January 1, 2019 to December 31, 2021. The award was scheduled to cliff vest on January 25, 2022, following the three year performance period. However, vesting was subject to the Compensation Committee's determination of performance. On February 17, 2022, the Compensation Committee certified that the performance achievement over the measurement period was 168% of target and authorized the vesting of the award. The restricted stock units converted into shares of common stock on a one-for-one basis.
- [F2]Issuer withheld the maximum allowable shares to satisfy the tax withholding obligations associated with the acquisition and vesting of shares acquired as reported in this Table I.
Documents
Issuer
Archrock, Inc.
CIK 0001389050
Entity typeother
Related Parties
1- filerCIK 0001506038
Filing Metadata
- Form type
- 4
- Filed
- Feb 17, 7:00 PM ET
- Accepted
- Feb 18, 4:37 PM ET
- Size
- 11.3 KB