Robert T. Macalik - Feb 16, 2023 Form 4 Insider Report for Matador Resources Co (MTDR)

Signature
/s/ Robert T. Macalik, by Cale L. Curtin as attorney-in-fact
Stock symbol
MTDR
Transactions as of
Feb 16, 2023
Transactions value $
-$94,720
Form type
4
Date filed
2/17/2023, 05:11 PM
Previous filing
Jan 4, 2023
Next filing
Jun 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTDR Common Stock Award $0 +8K +10.11% $0.00 87.1K Feb 16, 2023 Direct F1, F2, F3, F4
transaction MTDR Common Stock Tax liability -$94.7K -1.53K -1.75% $62.03 85.6K Feb 17, 2023 Direct F3, F4, F5, F6
holding MTDR Common Stock 28.7K Feb 16, 2023 Represents shares held of record by the reporting person's Individual Retirement Account
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of restricted stock granted to the reporting person on February 16, 2023 that vest in equal installments on the first, second and third anniversaries of the date of grant.
F2 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.
F3 Includes 8,334 shares of restricted stock granted to the reporting person on June 4, 2021 that vest in equal installments on the second and third anniversaries of the date of grant.
F4 Includes shares acquired pursuant to the Issuer's Employee Stock Purchase Plan. Such acquisitions are exempt under Rule 16b-3.
F5 Represents shares withheld by the Issuer in connection with the reporting person's net share settlement to satisfy tax liability upon the vesting of 3,879 shares of restricted stock that were granted to the reporting person on February 17, 2022. No shares were sold by the reporting person to satisfy this tax liability.
F6 Includes 7,759 shares of restricted stock granted to the reporting person on February 17, 2022 that vest in equal installments on the second and third anniversaries of the date of grant.