Approach Resources Inc 4
4 · Approach Resources Inc · Filed Jan 4, 2016
Insider Transaction Report
Form 4
Yang Qingming
Vice President - Exploration
Transactions
- Disposition to Issuer
Common Stock
2015-12-31−13,469→ 422,223 total - Tax Payment
Common Stock
2015-12-31−8,856→ 435,692 total
Footnotes (2)
- [F1]Represents a portion of the tax liability on December 31, 2015, by withholding 8,856 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 13,469 shares were forfeited.