Robert T. Macalik - Jul 28, 2021 Form 4 Insider Report for Matador Resources Co (MTDR)

Signature
/s/ Robert T. Macalik, by Brian J. Willey as attorney-in-fact
Stock symbol
MTDR
Transactions as of
Jul 28, 2021
Transactions value $
$44,400
Form type
4
Date filed
7/30/2021, 05:12 PM
Previous filing
Jun 24, 2021
Next filing
Aug 5, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTDR Common Stock Options Exercise $44.4K +3K +6.22% $14.80 51.2K Jul 28, 2021 Direct F1, F2, F3
holding MTDR Common Stock 27.2K Jul 28, 2021 Represents shares held of record by the reporting person's Individual Retirement Account

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 MTDR Employee Stock Option Options Exercise $0 -3K -24% $0.00 9.5K Jul 28, 2021 Common Stock 3K $14.80 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person paid cash to the Issuer to exercise employee stock options that were granted to the reporting person on August 28, 2019. No shares were sold or forfeited by the reporting person to satisfy the exercise price or the tax liability.
F2 Includes 12,500 shares of restricted stock granted to the reporting person on June 4, 2021 that vest in equal annual installments on the first, second and third anniversaries of the date of the grant.
F3 Includes 2,563 shares of restricted stock granted to the reporting person on April 29, 2019 that vest on the third anniversary of the date of the grant.
F4 The employee stock options were granted to the reporting person on August 28, 2019 and vest in equal annual installments on the first, second and third anniversaries of the date of grant; 4,166 employee stock options were vested as of July 28, 2021.