Bryan A. Erman - Apr 18, 2024 Form 3 Insider Report for Matador Resources Co (MTDR)

Role: EVP, GC and Head of M&A
Signature: /s/ Bryan A. Erman, by Cale L. Curtin as attorney-in-fact
Stock symbol: MTDR
Transactions as of: Apr 18, 2024
Transactions value $: $0
Form type: 3
Date filed: 4/19/2024, 06:27 PM
Next filing: Jun 6, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	MTDR	Common Stock						71.9K	Apr 18, 2024	Direct	F1, F2, F3, F4
holding	MTDR	Common Stock						2.4K	Apr 18, 2024	Represents shares held of record by the reporting person's Individual Retirement Account

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	MTDR	Phantom Units							Apr 18, 2024	Common Stock	15K		Direct	F5, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes shares acquired pursuant to the Issuer's Employee Stock Purchase Plan. Such acquisitions are exempt under Rule 16b-3.
F2	Includes 5,334 shares of restricted stock granted to the reporting person on February 16, 2023 that vest in equal annual installments on the second and third anniversaries of the date of grant.
F3	Includes 3,880 shares of restricted stock granted to the reporting person on February 17, 2022 that vest on the third anniversary of the date of grant.
F4	Includes 4,167 shares of restricted stock granted to the reporting person on June 4, 2021 that vest on the third anniversary of the date of grant.
F5	The phantom units vest in equal annual installments on the first, second and third anniversaries of the date of grant, February 14, 2024.
F6	Each phantom unit is the economic equivalent of one share of the Issuer's common stock.