Smart Steven P. 4
4 · Approach Resources Inc · Filed Feb 22, 2013
Insider Transaction Report
Form 4
Smart Steven P.
EVP & CFO
Transactions
- Award
Common Stock
2013-02-20+25,714→ 344,724 total
Footnotes (1)
- [F1]Shares of restricted stock granted under the issuer's 2007 Stock Incentive Plan and exempt under Rule 16b-3(d). 75% of the shares vest annually in three equal installments beginning on December 31, 2014, subject to performance conditions. The remaining 25% of shares vest December 31, 2015, subject to the issuer's three-year total shareholder return performance.