Billy E. Goodwin - 28 Sep 2021 Form 4 Insider Report for Matador Resources Co (MTDR)

Reporting relationship: EVP, COO - Operations
Issuer ticker: MTDR
Reported as of: 28 Sep 2021
Net transaction value: -$307,864
SEC form: 4
Accepted by SEC: 30 Sep 2021, 19:46:11 UTC
Prior SEC filing: 08 Jun 2021
Next SEC filing: 14 Dec 2021
Source filing: View source filing
Reporting owner signature: /s/ Billy E. Goodwin, by Brian J. Willey as attorney-in-fact

Key filing fact

Billy E. Goodwin filed Form 4 for Matador Resources Co (MTDR) on 30 Sep 2021.

Key facts

This page summarizes Billy E. Goodwin's Form 4 filing for Matador Resources Co (MTDR).
6 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 30 Sep 2021, 19:46.

Change

Previous filing in this sequence was filed on 08 Jun 2021.
Current net transaction value: -$307,864.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

MTDR transaction

Common Stock

Options Exercise

Transaction value: $1,519,445
Shares: +55,739
Change %: +41%
Price: $27.26
Shares after: 193,003
Date: 28 Sep 2021
Ownership: Direct

MTDR transaction

Common Stock

Tax liability

Transaction value: $1,708,826
Shares: -45,998
Change %: -24%
Price: $37.15
Shares after: 147,005
Date: 28 Sep 2021
Ownership: Direct
Footnotes: F1

MTDR transaction

Common Stock

Options Exercise

Transaction value: $1,174,022
Shares: +39,556
Change %: +27%
Price: $29.68
Shares after: 186,561
Date: 29 Sep 2021
Ownership: Direct

MTDR transaction

Common Stock

Tax liability

Transaction value: $1,292,506
Shares: -33,659
Change %: -18%
Price: $38.40
Shares after: 152,902
Date: 29 Sep 2021
Ownership: Direct
Footnotes: F2

MTDR holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 5,000
Date: 28 Sep 2021
Ownership: Represents shares held of record by the reporting person's 401(k) account

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

MTDR transaction Derivative

Employee Stock Option

Options Exercise

Transaction value: $0
Shares: -55,739
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 28 Sep 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 55,739
Exercise price: $27.26
Footnotes: F3

MTDR transaction Derivative

Employee Stock Option

Options Exercise

Transaction value: $0
Shares: -39,556
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 29 Sep 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 39,556
Exercise price: $29.68
Footnotes: F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Represents shares withheld by the Issuer in connection with the reporting person's net share settlement to satisfy the exercise price and tax liability upon the exercise of 55,739 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.

Footnote F2

Represents shares withheld by the Issuer in connection with the reporting person's net share settlement to satisfy the exercise price and tax liability upon the exercise of 39,556 employee stock options that were granted to the reporting person on February 16, 2018. No shares were sold by the reporting person to satisfy the exercise price or the tax liability.

Footnote F3

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.

Footnote F4

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 16, 2021.