Billy E. Goodwin - 16 Feb 2023 Form 4 Insider Report for Matador Resources Co (MTDR)

Reporting relationship: President-Operations
Issuer ticker: MTDR
Reported as of: 16 Feb 2023
Net transaction value: $0
SEC form: 4
Accepted by SEC: 17 Feb 2023, 17:07:23 UTC
Prior SEC filing: 04 Jan 2023
Next SEC filing: 13 Mar 2023
Source filing: View source filing
Reporting owner signature: /s/ Billy E. Goodwin, by Cale L. Curtin as attorney-in-fact

Key filing fact

Billy E. Goodwin filed Form 4 for Matador Resources Co (MTDR) on 17 Feb 2023.

Key facts

This page summarizes Billy E. Goodwin's Form 4 filing for Matador Resources Co (MTDR).
2 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 17 Feb 2023, 17:07.

Change

Previous filing in this sequence was filed on 04 Jan 2023.
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

Award

Transaction value: $0
Shares: +15,000
Change %
Price: $0.000000
Shares after: 15,000
Date: 16 Feb 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 15,000
Exercise price
Footnotes: F1, F2

MTDR transaction Derivative

Phantom Units

Options Exercise

Transaction value: $0
Shares: -8,046
Change %: -33%
Price: $0.000000
Shares after: 16,092
Date: 17 Feb 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 8,046
Exercise price
Footnotes: F3, F4

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Each phantom unit is the economic equivalent of one share of common stock of Issuer.

Footnote F2

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

Footnote F3

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 17, 2023 partial vesting of such award, the reporting person settled the phantom units for cash at a rate of $62.03 per unit based upon the closing price of the Issuer's common stock on February 16, 2023. No shares of common stock were issued to nor sold by the reporting person pursuant to this transaction.

Footnote F4

The phantom units vest in equal annual installments on the first, second and third anniversaries of the date of grant, February 17, 2022.