SEC Form 4 · accession 0001104659-17-063399
ANTERO RESOURCES Corp · AR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul M Rady
Officer — See Remarks · Director
Period of report
Oct 22, 2017
Accepted (ET)
Oct 23, 2017 · 7:11 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 | Oct 22, 2017 | F | 71,574 | $19.46 | D | 11,100,794 | D | |
| Common stock, par value $0.01 per shareF3 | holding | — | — | — | 5,282,518 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1In connection with the vesting of shares of restricted stock units pursuant to the Antero Resources Corporation Long-Term Incentive Plan, the Issuer withheld shares that would otherwise have been issued to the Reporting Person to satisfy its tax withholding obligations. The number of shares withheld was determined based on the closing price per share on October 20, 2017.
- F2Includes 215,879 shares of common stock that remain subject to vesting.
- F3Includes 2,820,806 shares of common stock held by Salisbury Investment Holdings LLC ("Salisbury") and 2,461,712 shares of common stock held by Mockingbird Investment, LLC ("Mockingbird"). The Reporting Person owns a 95% limited liability company interest in Salisbury and his spouse owns the remaining 5%. The Reporting Person owns a 3.68% limited liability company interest in Mockingbird, and a trust under his control owns the remaining 96.32%. The Reporting Person disclaims beneficial ownership of all shares held by Salisbury and Mockingbird except to the extent of his pecuniary interest therein.
Remarks
Chairman of the Board and Chief Executive Officer