Billy E. Goodwin - 10 Mar 2022 Form 4 Insider Report for Matador Resources Co (MTDR)

Reporting relationship: EVP, COO - Operations
Issuer ticker: MTDR
Reported as of: 10 Mar 2022
Net transaction value: $0
SEC form: 4
Accepted by SEC: 10 Mar 2022, 16:53:44 UTC
Prior SEC filing: 22 Feb 2022
Next SEC filing: 07 Jun 2022
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 10 Mar 2022.

Key facts

This page summarizes Billy E. Goodwin's Form 4 filing for Matador Resources Co (MTDR).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 10 Mar 2022, 16:53.

Change

Previous filing in this sequence was filed on 22 Feb 2022.
Current net transaction value: $0.

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 derivative securities

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

MTDR transaction Derivative

Phantom Units

Options Exercise

Transaction value: $0
Shares: -22,562
Change %: -50%
Price: $0.000000
Shares after: 22,562
Date: 10 Mar 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 22,562
Exercise price
Footnotes: F1, F2

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

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 March 10, 2022 partial vesting of such award, the reporting person settled the phantom units for cash at a rate of $52.73 per unit based upon the closing price of the Issuer's common stock on March 9, 2022. No shares of common stock were issued to nor sold by the reporting person pursuant to this transaction.

Footnote F2

The phantom units vest in equal annual installments on the first, second and third anniversaries of the date of grant, March 10, 2020.