4//SEC Filing
Ingersoll Jason 4
Accession 0001415889-23-002815
CIK 0001389050other
Filed
Feb 20, 7:00 PM ET
Accepted
Feb 21, 8:02 AM ET
Size
11.3 KB
Accession
0001415889-23-002815
Insider Transaction Report
Form 4
Archrock, Inc.AROC
Ingersoll Jason
SENIOR VICE PRESIDENT
Transactions
- Exercise/Conversion
Common Stock
2023-02-16+15,445→ 283,809 total - Exercise/Conversion
Restricted Stock Unit
2023-02-16−15,445→ 0 total→ Common Stock (15,445 underlying) - Tax Payment
Common Stock
2023-02-16$9.38/sh−5,894$55,286→ 277,915 total - Award
Restricted Stock Unit
2023-02-16+15,445→ 15,445 total→ Common Stock (15,445 underlying)
Footnotes (2)
- [F1]Represents an award of performance based restricted stock units, the payout of which was subject to the achievement of total shareholder return relative to the Issuer's peers over the period of January 1, 2020 to December 31, 2022. The award was scheduled to cliff vest on January 25, 2023, following the three year performance period. However, vesting was subject to the Compensation Committee's determination of performance. On February 16, 2023, the Compensation Committee certified that the performance achievement over the measurement period was 117% of target and authorized the vesting of the award. The restricted stock units converted into shares of common stock on a one-for-one basis.
- [F2]Issuer withheld the maximum allowable shares to satisfy the tax withholding obligations associated with the acquisition and vesting of shares acquired as reported in this Table 1.
Documents
Issuer
Archrock, Inc.
CIK 0001389050
Entity typeother
Related Parties
1- filerCIK 0001657785
Filing Metadata
- Form type
- 4
- Filed
- Feb 20, 7:00 PM ET
- Accepted
- Feb 21, 8:02 AM ET
- Size
- 11.3 KB