Form 4 for AROC Archrock, Inc.
Accepted 2022-02-18 00:00:00 ET · period of report 2022-02-17 · accession 0001415889-22-001574 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-02-18 | 2022-02-17 | AROC | Aron Doug S | CFO, SR VP | M - OptEx | $0.00 | +32.1K | 419.3K | +8% | $0 |
| D | 2022-02-18 | 2022-02-17 | AROC | Aron Doug S | CFO, SR VP | F - Tax | $8.60 | -7,817 | 411.5K | -2% | -$67.2K |
| D | 2022-02-18 | 2022-02-17 | AROC | Aron Doug S | CFO, SR VP | M - OptEx | $0.00 | -32.1K | 0 | -100% | $0 |
| D | 2022-02-18 | 2022-02-17 | AROC | Aron Doug S | CFO, SR VP | A - Grant | $0.00 | +32.1K | 32.1K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-02-17 | M | A | 32,101 | $0.00 | 419,312 | D | — | — | |
| 2 | Common | Common Stock | 2022-02-17 | F | D | 7,817 | $8.60 | 411,495 | D | — | — | |
| 3 | Derivative | Restricted Stock Unit | 2022-02-17 | M | D | 32,101 | $0.00 | 0 | D | — · — to — | 32,101 Common Stock | (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, 2019 to December 31, 2021. The award was scheduled to cliff vest on January 25, 2022, following the three year performance period. However, vesting was subject to the Compensation Committee's determination of performance. On February 17, 2022, the Compensation Committee certified that the performance achievement over the measurement period was 168% 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. |
| 4 | Derivative | Restricted Stock Unit | 2022-02-17 | A | A | 32,101 | $0.00 | 32,101 | D | — · — to — | 32,101 Common Stock | (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, 2019 to December 31, 2021. The award was scheduled to cliff vest on January 25, 2022, following the three year performance period. However, vesting was subject to the Compensation Committee's determination of performance. On February 17, 2022, the Compensation Committee certified that the performance achievement over the measurement period was 168% 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. |