Matthew Hairford V - 13 Feb 2022 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: 13 Feb 2022
Net transactions value: $0
Form type: 4
Filing time: 15 Feb 2022, 20:02:48 UTC
Previous filing: 04 Jan 2022
Next filing: 10 Mar 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	-72,202	-100%	$0.000000^*	0	21 Jan 2022	Direct	F1
transaction	MTDR	Common Stock	Gift	$0	+72,202	+20%	$0.000000	440,614	21 Jan 2022	See footnote	F1, F2, F3
holding	MTDR	Common Stock						19,500	13 Feb 2022	Represents shares held of record by the reporting person's Individual Retirement Account.

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	Phantom Units	Options Exercise	$0	-19,842	-100%	$0.000000^*	0	13 Feb 2022	Common Stock	19,842		Direct	F4, F5

* 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	Each phantom unit is the economic equivalent of one share of the Issuer's common stock. As required by the terms of the award, upon the February 13, 2022 vesting of such award, the reporting person settled the phantom units for cash at a rate of $44.33 per unit based upon the closing price of the Issuer's common stock on February 11, 2022. No shares of common stock were issued to nor sold by the reporting person pursuant to this transaction.
F5	The phantom units vest in equal annual installments on the first, second and third anniversaries of the date of grant, February 13, 2019.