William M. Byerley - Jun 9, 2023 Form 4 Insider Report for Matador Resources Co (MTDR)

Role: Director
Signature: /s/ William M. Byerley, by Cale L. Curtin as attorney-in-fact
Stock symbol: MTDR
Transactions as of: Jun 9, 2023
Transactions value $: $0
Form type: 4
Date filed: 6/13/2023, 07:16 PM
Previous filing: Mar 9, 2023
Next filing: Sep 13, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MTDR	Common Stock	Award	$0	+2.62K	+5.65%	$0.00	49K	Jun 9, 2023	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 9, 2023. Such RSUs will vest on June 9, 2024, or if sooner, immediately prior to the election of the nominees for director at the 2024 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 such 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.

Content

Represents restricted stock units ("RSUs") granted to the reporting person on June 9, 2023. Such RSUs will vest on June 9, 2024, or if sooner, immediately prior to the election of the nominees for director at the 2024 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 such 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.