Paul M. Rady - Mar 7, 2024 Form 4 Insider Report for Antero Midstream Corp (AM)

Role
Chief Executive Officer, Director
Signature
/s/ Yvette K. Schultz, as attorney-in-fact for Paul M. Rady
Stock symbol
AM
Transactions as of
Mar 7, 2024
Transactions value $
-$1,396,712
Form type
4
Date filed
3/11/2024, 05:30 PM
Previous filing
Mar 1, 2024
Next filing
Apr 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AM Common stock, par value $0.01 per share Award $0 +552K +22.51% $0.00 3.01M Mar 7, 2024 Direct F1, F2
transaction AM Common stock, par value $0.01 per share Tax liability -$1.4M -104K -3.46% $13.44 2.9M Mar 7, 2024 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the grant of restricted stock units ("RSUs") pursuant to the Antero Midstream Corporation Long Term Incentive Plan (the "Plan") which vest as to 1/3 of the total amount granted on each of the first three anniversaries of March 7, 2024, generally subject to continued employment through each vesting date.
F2 Includes 2,033,091 shares of common stock, par value $0.01 per share ("Common Stock"), of Antero Midstream Corporation (the "Issuer") subject to previously granted RSUs that remain subject to vesting.
F3 In connection with the vesting and settlement of RSUs through the issuance of Common Stock pursuant to the Plan, the Issuer withheld shares of Common Stock that would otherwise have been issued to the Reporting Person to satisfy their tax withholding obligations. The number of shares of Common Stock withheld was determined based on the closing price per share of Common Stock on March 7, 2024.
F4 Includes 1,796,799 shares of Common Stock subject to previously granted RSUs that remain subject to vesting.