Yvette K. Schultz - 14 May 2024 Form 4 Insider Report for ANTERO RESOURCES Corp (AR)

Role
Senior Vice President - Legal, Chief Compliance Officer, General Counsel and Corporate Secretary
Signature
/s/ Yvette K. Schultz
Issuer symbol
AR
Transactions as of
14 May 2024
Net transactions value
$0
Form type
4
Filing time
16 May 2024, 17:20:45 UTC
Previous filing
17 Apr 2024
Next filing
05 Aug 2024
SEC
View on sec.gov

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 Options Exercise $0 +8,858 +3.1% $0.000000 298,363 14 May 2024 Direct F1, 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 AR Performance Share Unit Options Exercise -8,858 -50% 8,857 14 May 2024 Common stock, par value $0.01 per share 8,858 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 125,991 shares of common stock ("Common Stock") of Antero Resources Corp. (the "Issuer") subject to previously granted restricted stock unit awards ("RSUs") and 61,860 shares of Common Stock subject to previously granted performance share units ("PSUs"), in each case, that remain subject to service-based vesting.
F2 On May 14, 2024, the Compensation Committee of the Issuer certified the Issuer's absolute total shareholder return ("TSR") over the second performance period, which ran from April 15, 2023 through April 15, 2024, at the maximum level, resulting in 25% of the PSUs originally granted on April 15, 2022 that vest based on the Issuer's absolute TSR becoming earned at 200% of the target amount granted. These PSUs remain outstanding and subject to service-based vesting requirements until April 15, 2025.

Remarks:

Senior Vice President - Legal, Chief Compliance Officer, General Counsel and Corporate Secretary