George G. Krug - 30 Sep 2021 Form 4 Insider Report for Matador Resources Co (MTDR)

Role
EVP - Mktg and Midstream
Signature
/s/ George G. Krug, by Brian J. Willey as attorney-in-fact
Issuer symbol
MTDR
Transactions as of
30 Sep 2021
Net transactions value
-$305,379
Form type
4
Filing time
30 Sep 2021, 19:47:27 UTC
Previous filing
08 Jun 2021
Next filing
04 Jan 2022
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 $1,293,160 +47,438 +62% $27.26 123,594 30 Sep 2021 Direct
transaction MTDR Common Stock Tax liability $1,494,401 -39,285 -32% $38.04 84,309 30 Sep 2021 Direct F1
transaction MTDR Common Stock Options Exercise $939,224 +31,645 +38% $29.68 115,954 30 Sep 2021 Direct
transaction MTDR Common Stock Tax liability $1,043,361 -27,428 -24% $38.04 88,526 30 Sep 2021 Direct F2

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 -47,438 -100% $0.000000* 0 30 Sep 2021 Common Stock 47,438 $27.26 Direct F3
transaction MTDR Employee Stock Option Options Exercise $0 -31,645 -100% $0.000000* 0 30 Sep 2021 Common Stock 31,645 $29.68 Direct F4
* 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 tax liability upon the exercise of 47,438 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 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 31,645 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.
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.
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.