James M. Howard - Jun 10, 2022 Form 4 Insider Report for Matador Resources Co (MTDR)

Role
Director
Signature
/s/ James M. Howard, by Brian J. Willey as attorney-in-fact
Stock symbol
MTDR
Transactions as of
Jun 10, 2022
Transactions value $
$0
Form type
4
Date filed
6/13/2022, 05:03 PM
Previous filing
Jun 8, 2021
Next filing
Jun 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTDR Common Stock Award $0 +2.04K +11.22% $0.00 20.2K Jun 10, 2022 Direct F1
holding MTDR Common Stock 50K Jun 10, 2022 Represents shares held of record by the reporting person's Individual Retirement Account
holding MTDR Common Stock 50K Jun 10, 2022 See footnote F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units ("RSUs") granted to the reporting person on June 10, 2022. Such RSUs will vest on June 10, 2023, or if sooner, immediately prior to the election of the nominees for director at the 2023 annual meeting of shareholders of the Issuer (the "Vesting Date"). Pursuant to the Issuer's Nonqualified Deferred Compensation Plan for Non-Employee Directors, the reporting person has deferred delivery of all of his vested RSUs to within 30 days of separation of service (the "Delivery Date"). On the Delivery Date, such vested RSUs will be deliverable to the reporting person in an equal number of shares of common stock.
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 PBH Family Partners, Ltd., a family limited partnership owned by the reporting person's family, including the reporting person, and over which the reporting person and his spouse share voting and investment authority.