SEC Form 4 · accession 0001520006-17-000095
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
Mar 14, 2017
Accepted (ET)
Mar 16, 2017 · 9:25 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,F2 | Mar 14, 2017 | M | 18,750 | $8.18 | A | 118,377 | D | |
| Common StockF3,F1,F2 | Mar 14, 2017 | F | 11,751 | $22.92 | D | 106,626 | 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 OptionF4 | $8.18 | Mar 14, 2017 | M | 18,750 | D | — | Mar 11, 2018 | Common Stock | 18,750 | 0 | D |
Explanation of responses
- F1Includes 21,552 shares of restricted stock granted to the reporting person on February 15, 2017 that vest in equal annual installments on the first, second and third anniversaries of the date of the grant.
- F2Includes 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 the grant.
- F3Represents 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 18,750 employee stock options that were granted to the reporting person on March 12, 2013. No shares were sold by the reporting person to satisfy the exercise price or the tax liability.
- F4The employee stock options were fully vested as of March 12, 2017.