Joseph Wm Foran - May 18, 2021 Form 4 Insider Report for Matador Resources Co (MTDR)

Role: Chairman and CEO, Director
Signature: /s/ Joseph Wm. Foran, by Kyle A. Ellis as attorney-in-fact
Stock symbol: MTDR
Transactions as of: May 18, 2021
Transactions value $: $0
Form type: 4
Date filed: 5/20/2021, 09:53 PM
Next filing: May 25, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MTDR	Common Stock	Other	$0	-36K	-3.06%	$0.00	1.14M	May 18, 2021	See footnote	F1, F2, F3
transaction	MTDR	Common Stock	Other	$0	-40K	-3.5%	$0.00	1.1M	May 19, 2021	See footnote	F2, F3, F4
holding	MTDR	Common Stock						31.3K	May 18, 2021	Direct
holding	MTDR	Common Stock						1.11M	May 18, 2021	See footnote	F2, F5
holding	MTDR	Common Stock						436K	May 18, 2021	See footnote	F2, F6
holding	MTDR	Common Stock						390K	May 18, 2021	See footnote	F2, F7
holding	MTDR	Common Stock						17.5K	May 18, 2021	See footnote	F2, F8
holding	MTDR	Common Stock						60.8K	May 18, 2021	See footnote	F2, F9
holding	MTDR	Common Stock						60.8K	May 18, 2021	See footnote	F2, F10
holding	MTDR	Common Stock						114K	May 18, 2021	See footnote	F2, F11
holding	MTDR	Common Stock						114K	May 18, 2021	See footnote	F2, F12
holding	MTDR	Common Stock						473K	May 18, 2021	See footnote	F2, F13
holding	MTDR	Common Stock						473K	May 18, 2021	See footnote	F2, F14
holding	MTDR	Common Stock						290K	May 18, 2021	See footnote	F2, F15
holding	MTDR	Common Stock						290K	May 18, 2021	See footnote	F2, F16

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents 20,000 shares distributed from the WJF 2011 Non-GST Trust and 16,000 shares distributed from the MCF 2011 Non-GST Trust to the respective trust beneficiaries. The decision to distribute the shares was made by the trustee of each trust.
F2	The reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, the beneficial owner of these shares. The reporting person disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein.
F3	Represents shares held of record collectively by the LRF 2011 Non-GST Trust, WJF 2011 Non-GST Trust, JNF 2011 Non-GST Trust, SIF 2011 Non-GST Trust and MCF 2011 Non-GST Trust (collectively, the "Non-GST Trusts"). The reporting person and his spouse, as settlors of each of the Non-GST Trusts, retain the power of substitution with respect to the property of the Non-GST Trusts.
F4	Represents 20,000 shares distributed from each of the LRF 2011 Non-GST Trust and the JNF 2011 Non-GST Trust to the respective trust beneficiaries. The decision to distribute the shares was made by the trustee of each trust.
F5	Represents shares held of record by Sage Resources, Ltd., which is a limited partnership owned by the reporting person's family, including the reporting person.
F6	Represents shares held of record by the Foran 2012 Savings Trust for which the reporting person's spouse is a trustee.
F7	Represents shares held of record by the Foran 2012 Security Trust for which the reporting person is the trustee.
F8	Represents shares held of record by the reporting person's spouse.
F9	Represents shares held of record by the JWF 2019-2 GRAT, for which the reporting person is the trustee and over which the reporting person has sole voting and investment power.
F10	Represents shares held of record by the NNF 2019-2 GRAT, for which the reporting person is the trustee and over which the reporting person has sole voting and investment power.
F11	Represents shares held of record by the JWF 2020-1 GRAT, for which the reporting person is the trustee and over which the reporting person has sole voting and investment power.
F12	Represents shares held of record by the NNF 2020-1 GRAT, for which the reporting person is the trustee and over which the reporting person has sole voting and investment power.
F13	Represents shares held of record by the JWF 2020-2 GRAT, for which the reporting person is the trustee and over which the reporting person has sole voting and investment power.
F14	Represents shares held of record by the NNF 2020-2 GRAT, for which the reporting person is the trustee and over which the reporting person has sole voting and investment power.
F15	Represents shares held of record by the JWF 2021-1 GRAT, for which the reporting person is the trustee and over which the reporting person has sole voting and investment power.
F16	Represents shares held of record by the NNF 2021-1 GRAT, for which the reporting person is the trustee and over which the reporting person has sole voting and investment power.