I have derived the first equation, but have not had time to derive the second one. A real issue in determining the area to be used in calculating tensile stresses in fasteners is whether to include any of the thread area in the cross-sectional area. The first equation (used in ASTM F606, eq. 1) and commonly used in stress calculations is the accepted equation but as stated in Kent's Mechanical Engineering Handbook, 12th Ed., 1958 [which tells my age], Chapter 10, page 10-08, Section 2, entitled "Screw Thread Standards for Fasteners," it states, and I quote "... Stress Area (A sub S) is the ASSUMED AREA OF AN EXTERNALLY THREADED PART, used for the purpose of computing tensile strength. It is given by the formula
A sub s = 3.1416[ (E sub m + K sum m)/4 ]squared
where E sub m = the mean pitch diameter and
K sub m = the mean minor diameter.
The cross-sectional area used for calculating the yield and tensile stresses is important and needs to be reconciled in ASTM Committe F-16 on Fasteners.