| Name | Relationship | Address | Signature | Signature date | CIK |
|---|---|---|---|---|---|
| Kennedy Michael N. | Chief Financial Officer and Senior Vice President - Finance | 1615 WYNKOOP STREET, DENVER | /s/ Yvette K. Shultz, as attorney-in-fact for Michael N. Kennedy | 2025-05-08 | 0001477679 |
| 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 | -13.8K | -100% | 0 | May 6, 2025 | Common stock, par value $0.01 per share | 13.8K | Direct | F1, F2 |
| Id | Content |
|---|---|
| F1 | On May 6, 2025, the Compensation Committee (the "Compensation Committee") of Antero Resources Corp. (the "Issuer") certified the Issuer's absolute total shareholder return ("TSR") performance over the third performance period, which ran from April 15, 2024 through April 15, 2025, at the maximum level, resulting in 25% of the target number of performance share units ("PSUs") originally granted on April 15, 2022 that vest based on absolute TSR becoming earned at 200% of the target amount granted over such third performance period. |
| F2 | On May 6, 2025, the Compensation Committee also certified the Issuer's absolute TSR performance over the fourth performance period, which ran from April 15, 2022 through April 15, 2025, in between floor and target levels, resulting in 25% of the PSUs originally granted on April 15, 2022 that vest based on absolute TSR becoming earned at 39.49% of the target amount granted over such fourth performance period. The service-based vesting requirements applicable to the PSUs originally granted on April 15, 2022 that vest based on absolute TSR were satisfied as of April 15, 2025 and the awards will be settled in connection with the Compensation Committee's certification of performance. |
| F3 | Includes 160,888 shares of common stock of the Issuer ("Common Stock") subject to previously granted restricted stock unit awards ("RSUs") and 160,515 shares of Common Stock subject to previously granted PSUs, in each case, that remain subject to service-based vesting. |
| F4 | In connection with the vesting and settlement of the PSUs originally granted on April 15, 2022 through the issuance of Common Stock pursuant to the Antero Resources Corporation 2020 Long-Term Incentive Plan, the Issuer withheld Common Stock that would have otherwise 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 May 6, 2025. |
Chief Financial Officer and Senior Vice President - Finance