Smart Steven P. 4

4 · Approach Resources Inc · Filed Mar 14, 2012

Form 4

Period: 2012-03-13

EVP & CFO

Transactions

Exercise/Conversion
Employee Stock Option (Right to Buy)
2012-03-13−28,845→ 0 total
Exercise: $3.33Exp: 2013-01-01→ Common Stock, par value $0.01 per share (28,845 underlying)
Exercise/Conversion
Common Stock, par value $0.01 per share
2012-03-13$3.33/sh+28,845$96,054→ 343,189 total
Sale
Common Stock, par value $0.01 per share
2012-03-13$36.18/sh−200$7,236→ 337,044 total
Sale
Common Stock, par value $0.01 per share
2012-03-13$35.85/sh−5,945$213,128→ 337,244 total

Footnotes (5)

[F1]Exercise of employee stock options granted under the 2003 Stock Option Plan.
[F2]Sale of shares to pay the exercise price of the employee stock options and satisfy the reporting person's tax withholding obligations.
[F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.16 to $36.09, inclusive. The reporting person undertakes to provide to Approach Resources Inc. ("Approach"), any security holder of Approach, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (3) and (4) to this Form 4.
[F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.16 to $36.19, inclusive.
[F5]The options vested in equal amounts on each of August 16, 2004, January 1, 2005 and January 1, 2006.

Documents

1 file