Matthew Hairford V - 29 Sep 2021 Form 4 Insider Report for Matador Resources Co (MTDR)

Role
President
Signature
/s/ Matthew V. Hairford, by David E. Lancaster as attorney-in-fact
Issuer symbol
MTDR
Transactions as of
29 Sep 2021
Net transactions value
-$411,748
Form type
4
Filing time
30 Sep 2021, 19:44:46 UTC
Previous filing
08 Jun 2021
Next filing
05 Oct 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTDR Common Stock Options Exercise $2,560,450 +93,927 $27.26 93,927 29 Sep 2021 Direct
transaction MTDR Common Stock Tax liability $2,972,198 -77,401 -82% $38.40 16,526 29 Sep 2021 Direct F1

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 -93,927 -100% $0.000000* 0 29 Sep 2021 Common Stock 93,927 $27.26 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld by the Issuer in connection with the reporting person's net share settlement to satisfy the exercise price and the tax liability upon the exercise of 93,927 employee stock options that were granted to the reporting person on February 15, 2017. No shares were sold by the reporting person to satisfy the exercise price or the tax liability.
F2 The employee stock options vested in equal annual installments on the first, second and third anniversaries of the date of grant and were fully vested as of February 15, 2020.