William Thomas Elsener - 04 Jun 2023 Form 4 Insider Report for Matador Resources Co (MTDR)

Signature
/s/ William Thomas Elsener, by Cale L. Curtin as attorney-in-fact
Issuer symbol
MTDR
Transactions as of
04 Jun 2023
Net transactions value
-$77,621
Form type
4
Filing time
06 Jun 2023, 21:13:26 UTC
Previous filing
16 Mar 2023
Next filing
23 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTDR Common Stock Tax liability $77,621 -1,640 -1.8% $47.33 90,561 04 Jun 2023 Direct F1, F2, F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld by the Issuer in connection with the reporting person's net share settlement to satisfy tax liability upon the vesting of 4,167 shares of restricted stock that were granted to the reporting person on June 4, 2021. No shares were sold by the reporting person to satisfy this tax liability.
F2 Includes 4,167 shares of restricted stock granted to the reporting person on June 4, 2021 that vests on the third anniversary of the date of grant.
F3 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.
F4 Includes 8,000 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.
F5 Includes shares acquired pursuant to the Issuer's Employee Stock Purchase Plan. Such acquisitions are exempt under Rule 16b-3.