SEC Form 4 · accession 0001104659-15-028030
ANTERO RESOURCES Corp · AR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
K. Phil Yoo
Officer — VP, CAO and Controller
Period of report
Apr 15, 2015
Accepted (ET)
Apr 16, 2015 · 4:58 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001433270
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common stock, par value $0.01 per shareF1,F2 | Apr 15, 2015 | A | 14,510 | $0.00 | A | 28,647 | D | |
| Common stock, par value $0.01 per shareF3 | holding | — | — | — | 207,165,909 | I | See footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options to purchase Common StockF4 | $50.00 | Apr 15, 2015 | A | 20,000 | A | — | — | Common Stock, par value $0.01 per share | 20,000 | 20,000 | D |
Explanation of responses
- F1Common stock subject to a restricted stock unit award that vests in four equal installments on the first four anniversaries of the grant date so long as the Reporting Person remains continuously employed by the Issuer through each such anniversary date.
- F2Includes 11,525 shares of common stock subject to a previously granted restricted stock unit award that vests in three remaining equal installments on the second, third and fourth anniversaries of the grant date so long as the Reporting Person remains continuously employed by the Issuer through each such anniversary date.
- F3The Reporting Person holds a direct membership interest in Antero Resources Investment LLC, a Delaware limited liability company ("Antero Investment"), which directly owns 207,165,909 shares of common stock of the Issuer, and a direct membership interest in Antero Resources Employee Holdings LLC, which holds a direct membership interest in Antero Investment. The Reporting Person disclaims beneficial ownership of all shares reported except to the extent of his pecuniary interest therein.
- F4Options to purchase Common Stock vest and become exercisable in four equal installments on the first four anniversaries of the grant date so long as the Reporting Person remains continuously employed by the Issuer through each such anniversary date. Each option to purchase Common Stock expires ten years from the date of grant, or April 15, 2025.