Michael D. Frenzel - Apr 29, 2022 Form 4 Insider Report for Matador Resources Co (MTDR)

Role
EVP, Treasurer (PFO)
Signature
/s/ Michael D. Frenzel, by Brian J. Willey as attorney-in-fact
Stock symbol
MTDR
Transactions as of
Apr 29, 2022
Transactions value $
$0
Form type
4
Date filed
5/3/2022, 04:39 PM
Previous filing
Apr 8, 2022
Next filing
Jun 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MTDR Common Stock 65.7K Apr 29, 2022 Direct F1, F2, F3
holding MTDR Common Stock 250 Apr 29, 2022 Represents shares held of record by the reporting person's Individual Retirement Account
holding MTDR Common Stock 1K Apr 29, 2022 Represents shares held of record by the reporting person's Roth 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 -1.81K -100% $0.00* 0 Apr 29, 2022 Common Stock 1.81K Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 11,638 shares of restricted stock granted to the reporting person on February 17, 2022 that vest in equal installments on the first, second and third anniversaries of the date of grant.
F2 Includes 12,500 shares of restricted stock granted to the reporting person on June 4, 2021 that vest in equal installments on the first, second and third anniversaries of the date of grant.
F3 Includes 3,750 shares of restricted stock granted to the reporting person on June 22, 2020 that vest on the third anniversary of the date of grant.
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 April 29, 2022 vesting of such award, the reporting person settled the phantom units for cash at a rate of $48.82 per unit based upon the closing price of the Issuer's common stock on such date. No shares of common stock were issued to nor sold by the reporting person pursuant to this transaction.
F5 The phantom units vest on the third anniversary of the date of grant, April 29, 2019.