Matthew V. Hairford - Dec 31, 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
Stock symbol: MTDR
Transactions as of: Dec 31, 2021
Transactions value $: -$1,729,554
Form type: 4
Date filed: 1/4/2022, 06:13 AM
Previous filing: Oct 5, 2021
Next filing: Feb 15, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MTDR	Common Stock	Gift	$0	-25.5K	-100%	$0.00^*	0	Nov 10, 2021	Direct	F1
transaction	MTDR	Common Stock	Gift	$0	+25.5K	+7.43%	$0.00	368K	Nov 10, 2021	See footnote	F1, F2, F3
transaction	MTDR	Common Stock	Award	$0	+119K		$0.00	119K	Dec 31, 2021	Direct	F4
transaction	MTDR	Common Stock	Tax liability	-$1.73M	-46.8K	-39.35%	$36.92	72.2K	Dec 31, 2021	Direct	F5
holding	MTDR	Common Stock						19.5K	Dec 31, 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.