SEC Form 4 · accession 0001520006-16-000268
Matador Resources Co · MTDR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Billy E Goodwin
Officer — SVP - Operations
Period of report
Apr 27, 2016
Accepted (ET)
Apr 29, 2016 · 8:38 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001520006
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Apr 27, 2016 | M | 20,833 | $10.49 | A | 92,477 | D | |
| Common StockF2,F1 | Apr 27, 2016 | F | 14,402 | $22.36 | D | 78,075 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock OptionF3 | $10.49 | Apr 27, 2016 | M | 20,833 | D | — | Apr 15, 2017 | Common Stock | 20,833 | 0 | D |
Explanation of responses
- F1Includes 19,777 shares of restricted stock granted to the reporting person on February 19, 2016 that vest on the third anniversary of the date of grant, February 19, 2019.
- F2Represents shares withheld by the Issuer in connection with the reporting person's net share settlement to satisfy the exercise price and tax liability upon the exercise of 20,833 employee stock options that were granted to the reporting person on April 16, 2012. No shares were sold by the reporting person to satisfy the exercise price or the tax liability.
- F3The employee stock options vested in two equal biennial installments beginning on the second anniversary of the date of grant, April 16, 2014, and were fully vested as of April 16, 2016.