W. Howard Keenan Jr. - 07 Dec 2022 Form 4 Insider Report for ANTERO RESOURCES Corp (AR)

Role
Director
Signature
/s/ W. Howard Keenan, Jr.
Issuer symbol
AR
Transactions as of
07 Dec 2022
Net transactions value
-$24,435,884
Form type
4
Filing time
07 Dec 2022, 17:45:49 UTC
Previous filing
06 Dec 2022
Next filing
12 Jan 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 Sale $24,435,884 -779,755 -16% $31.34 4,000,000 07 Dec 2022 See footnote F1, F2, F3
holding AR Common stock, par value $0.01 per share 346,138 07 Dec 2022 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for Section 16 or any other purpose.
F2 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.00 to $31.67, inclusive. The reporting person undertakes to Antero Resources Corporation (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (2).
F3 These securities are owned directly by Yorktown Energy Partners VIII, L.P. ("Yorktown VIII"). The reporting person is a member and manager of Yorktown VIII Associates LLC, the general partner of Yorktown VIII Company LP, the general partner of Yorktown VIII.