Yang Qingming 4
4 · Approach Resources Inc · Filed Mar 9, 2018
Insider Transaction Report
Form 4
Yang Qingming
Vice President - Exploration
Transactions
- Award
Common Stock
2018-03-07+87,141→ 834,410 total - Tax Payment
Common Stock
2018-03-07−23,395→ 747,269 total
Footnotes (2)
- [F1]Represents the tax liability on March 7, 2018 satisfied by withholding 23,395 shares incident to the vesting of securities under a Restricted Stock Award Agreement dated March 7, 2017 between the Reporting Person and the Issuer.
- [F2]Represents shares of restricted stock granted under the issuer's 2007 Stock Incentive Plan and exempt under Rule 16b-3(d). The 87,141 shares vest December 31, 2020, subject to the issuer's three-year total shareholder return performance. The awards were made subject to the Revised Form of TSR-Based Restricted Stock Award Agreement as previously filed by issuer with the Securities and Exchange Commission.