Matthew Hairford V - 31 Dec 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: 31 Dec 2021
Net transactions value: -$1,729,554
Form type: 4
Filing time: 04 Jan 2022, 06:13:42 UTC
Previous filing: 05 Oct 2021
Next filing: 15 Feb 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	Gift	$0	-25,474	-100%	$0.000000^*	0	10 Nov 2021	Direct	F1
transaction	MTDR	Common Stock	Gift	$0	+25,474	+7.4%	$0.000000	368,412	10 Nov 2021	See footnote	F1, F2, F3
transaction	MTDR	Common Stock	Award	$0	+119,048		$0.000000	119,048	31 Dec 2021	Direct	F4
transaction	MTDR	Common Stock	Tax liability	$1,729,554	-46,846	-39%	$36.92	72,202	31 Dec 2021	Direct	F5
holding	MTDR	Common Stock						19,500	31 Dec 2021	Represents shares held of record by the reporting person's Individual Retirement Account.

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

Explanation of Responses:

Id	Content
F1	Represents a gift of shares of common stock by the reporting person to the Hairford Family Trust.
F2	The reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, the beneficial owner of these shares. The reporting person disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein.
F3	Represents shares held of record by the Hairford Family Trust for which both the reporting person and his spouse are trustees.
F4	Represents shares received in settlement of performance stock units granted to the reporting person on February 13, 2019 (the "2019 Performance Stock Grant"), which settled at 200% of target based upon the Issuer's relative total shareholder return over a three-year performance period from January 1, 2019 to December 31, 2021.
F5	Represents shares withheld by the Issuer in connection with the reporting person's net share settlement to satisfy the tax liability upon settlement of the 2019 Performance Stock Grant. No shares were sold by the reporting person to satisfy the tax liability.