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

Role
Director
Signature
/s/ William M. Byerley, 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, 05:20 PM
Previous filing
Jun 8, 2021
Next filing
Mar 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTDR Common Stock Award $0 +2.04K +4.61% $0.00 46.3K Jun 10, 2022 Direct F1
* 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 the earlier of (i) the fifth anniversary of the Vesting Date, (ii) separation of service or (iii) a change in control (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.