Approach Resources Inc 4
4 · Approach Resources Inc · Filed Jan 5, 2015
Insider Transaction Report
Form 4
Yang Qingming
Vice President - Exploration
Transactions
- Disposition to Issuer
Common Stock
2014-12-31−7,036→ 282,366 total - Tax Payment
Common Stock
2014-12-31−12,464→ 289,402 total
Footnotes (2)
- [F1]Represents tax liability on December 31, 2014, by withholding 5,470 shares, 3,255 shares, 1,283 shares, and 2,456 shares incident to the vesting of securities under Restricted Stock Award Agreements dated August 6, 2010, March 7, 2011, February 21, 2012, and February 20, 2013, respectively, between the Reporting Person and the Issuer.
- [F2]Represents shares granted on February 21, 2012 which were subject to the issuer's three-year total shareholder return (TSR) performance. As of December 31, 2014, TSR metrics were not met and the 7,036 shares were forfeited.