Michael N. Kennedy - Jan 20, 2023 Form 4 Insider Report for ANTERO RESOURCES Corp (AR)

Role
Chief Financial Officer and Senior Vice President - Finance
Signature
/s/ Yvette K. Schultz, as attorney-in-fact for Michael N. Kennedy
Stock symbol
AR
Transactions as of
Jan 20, 2023
Transactions value $
-$5,777,541
Form type
4
Date filed
1/24/2023, 07:03 PM
Previous filing
Oct 21, 2022
Next filing
Mar 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AR Common stock, par value $0.01 per share Tax liability -$5.78M -197K -16.13% $29.40 1.02M Jan 20, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 In connection with the vesting and settlement of restricted stock units through the issuance of common stock of the Issuer ("Common Stock") pursuant to the Antero Resources Corporation Long-Term Incentive Plan, the Issuer withheld Common Stock that would otherwise have been issued to the Reporting Person to satisfy his tax withholding obligations. The number of shares of Common Stock withheld was determined based on the closing price per share of Common Stock on January 20, 2023.
F2 Includes 134,323 shares of Common Stock subject to RSU awards and 30,636 performance share units in respect of which performance has been certified, in each case that remain subject to service-based vesting.

Remarks:

Chief Financial Officer and Senior Vice President - Finance