Robert Gaines Baty - Jun 4, 2021 Form 4 Insider Report for Matador Resources Co (MTDR)

Role: Director
Signature: Robert Gaines Baty, by Brian J. Willey as attorney-in-fact
Stock symbol: MTDR
Transactions as of: Jun 4, 2021
Transactions value $: $258
Form type: 4
Date filed: 6/8/2021, 06:57 PM
Next filing: Dec 6, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MTDR	Common Stock	Small acquisition under Rule 16a-6	$258	+11	+0.02%	$23.49	54.6K	Mar 31, 2021	Direct	F1
transaction	MTDR	Common Stock	Award	$0	+4.04K	+7.4%	$0.00	58.7K	Jun 4, 2021	Direct	F2

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

Explanation of Responses:

Id	Content
F1	Shares acquired in an exempt transaction pursuant to a dividend reinvestment program sponsored by a broker-dealer.
F2	Represents restricted stock units ("RSUs") granted to the reporting person on June 4, 2021. Such RSUs will vest on June 4, 2022, or if sooner, immediately prior to the election of the nominees for director at the 2022 annual meeting of shareholders of the Issuer (the "Vesting Date"). Pursuant to the Issuer's Nonqualified Deferred Compensation Plan for Non-Employee Directors, the reporting person has deferred delivery of all of such vested RSUs to within 30 days of the earlier of (i) separation of service or (ii) a change in control (the "Delivery Date"). On the Delivery Date, such vested RSUs will be deliverable to the reporting person in an equal number of shares of common stock.

Content

Shares acquired in an exempt transaction pursuant to a dividend reinvestment program sponsored by a broker-dealer.

Represents restricted stock units ("RSUs") granted to the reporting person on June 4, 2021. Such RSUs will vest on June 4, 2022, or if sooner, immediately prior to the election of the nominees for director at the 2022 annual meeting of shareholders of the Issuer (the "Vesting Date"). Pursuant to the Issuer's Nonqualified Deferred Compensation Plan for Non-Employee Directors, the reporting person has deferred delivery of all of such vested RSUs to within 30 days of the earlier of (i) separation of service or (ii) a change in control (the "Delivery Date"). On the Delivery Date, such vested RSUs will be deliverable to the reporting person in an equal number of shares of common stock.