Jason Ingersoll - Aug 20, 2021 Form 4 Insider Report for Archrock, Inc. (AROC)

Role: SENIOR VICE PRESIDENT
Signature: /s/ Susan G. Thompson, Attorney-in-Fact
Stock symbol: AROC
Transactions as of: Aug 20, 2021
Transactions value $: -$33,346
Form type: 4
Date filed: 8/23/2021, 03:41 PM
Next filing: Jan 26, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AROC	Common Stock	Options Exercise	$0	+8.31K	+4.67%	$0.00	186K	Aug 20, 2021	Direct	F1
transaction	AROC	Common Stock	Tax liability	-$33.3K	-4.57K	-2.45%	$7.30	182K	Aug 20, 2021	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	AROC	Restricted Stock Unit	Options Exercise	$0	-8.31K	-100%	$0.00^*	0	Aug 20, 2021	Common Stock	8.31K	$0.00	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The restricted stock units were awarded in March 2018 and cliff vested on August 20, 2021. The payout was subject to the achievement of total shareholder return relative to the Issuer's peers over the period of January 1, 2018 to December 31, 2020. On February 21, 2021, the Compensation Committee certified that the performance achieved over the measurement period was 186% of target. The restricted stock units converted into shares of common stock on a one-for-one basis.
F2	Issuer withheld the maximum allowable shares to meet the tax withholding obligation associated with the vesting of restricted stock and restricted stock units.

Content

The restricted stock units were awarded in March 2018 and cliff vested on August 20, 2021. The payout was subject to the achievement of total shareholder return relative to the Issuer's peers over the period of January 1, 2018 to December 31, 2020. On February 21, 2021, the Compensation Committee certified that the performance achieved over the measurement period was 186% of target. The restricted stock units converted into shares of common stock on a one-for-one basis.

Issuer withheld the maximum allowable shares to meet the tax withholding obligation associated with the vesting of restricted stock and restricted stock units.