X0306 4 2017-03-07 0 0001405073 Approach Resources Inc AREX 0001417081 Craft J. Ross ONE RIDGMAR CENTRE 6500 WEST FREEWAY, SUITE 800 FORT WORTH TX 76116 1 1 0 0 CEO Common Stock 2017-03-07 4 A 0 541221 0.00 A 1906918 D Represents shares of restricted stock granted under the issuer's 2007 Stock Incentive Plan and exempt under Rule 16b-3(d). 360,814 of the shares vest annually in three equal installments beginning on December 31, 2017, subject to performance conditions. The remaining 180,407 shares vest December 31, 2019, subject to the issuer's three-year total shareholder return performance. /s/ J. Curtis Henderson, attorney-in-fact 2017-03-09