Old Ocean Reserves, LP - Feb 27, 2023 Form 4 Insider Report for Archrock, Inc. (AROC)

Role
10%+ Owner
Signature
Old Ocean Reserves, LP by Hildebrand Enterprises Company, its general partner by /s/ Douglas C. Kelly, Secretary
Stock symbol
AROC
Transactions as of
Feb 27, 2023
Transactions value $
-$12,908,137
Form type
4
Date filed
3/1/2023, 06:03 PM
Previous filing
Jun 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AROC Common Stock Sale -$6.04M -558K -3.33% $10.83 16.2M Feb 27, 2023 Direct F1, F3, F4
transaction AROC Common Stock Sale -$6.87M -618K -3.82% $11.12 15.6M Feb 28, 2023 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Old Ocean Reserves, LP is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.75 to $10.98, inclusive. The reporting person undertakes to provide to Archrock, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.88 to $11.295, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 Shares of Common Stock of the Issuer are directly held by Old Ocean Reserves, LP. Hildebrand Enterprises Company is the general partner of Old Ocean Reserves, LP. Hildebrand Enterprises, LP is the sole limited partner of Old Ocean Reserves, LP. Hildebrand Company and Hildebrand Enterprises are wholly owned by Jeffery D. Hildebrand and Melinda B. Hildebrand.
F4 Each of the Reporting Persons may be deemed to be the beneficial owner of all or a portion of the securities reported herein. The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the Reporting Persons are the beneficial owners of any securities reported herein, and the Reporting Persons disclaim beneficial ownership of such securities except to the extent of their pecuniary interest therein.