SEC Form 4 · accession 0001520006-17-000102
Matador Resources Co · MTDR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matthew V Hairford
Officer — President
Period of report
Mar 31, 2017
Accepted (ET)
Apr 4, 2017 · 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,F2,F3,F4 | Mar 31, 2017 | M | 32,500 | $10.49 | A | 290,351 | D | |
| Common StockF5,F1,F2,F3,F4 | Mar 31, 2017 | F | 17,648 | $23.79 | D | 272,703 | D | |
| Common Stock | holding | — | — | — | 5,000 | I | Represents shares held of record by the reporting person's Individual Retirement Account. |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock OptionF6 | $10.49 | Mar 31, 2017 | M | 32,500 | D | — | Apr 15, 2017 | Common Stock | 32,500 | 0 | D |
Explanation of responses
- F1Includes 36,317 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 grant.
- F2Includes 31,992 shares of restricted stock granted to the reporting person on February 19, 2016 that vest on the third anniversary of the date of grant.
- F3Includes 2,885 shares of restricted stock granted to the reporting person on March 7, 2014 that vest on the fourth anniversary of the date of grant.
- F4Includes 1,269 shares of restricted stock granted to the reporting person on February 11, 2014 that vest on the fourth anniversary of the date of grant.
- F5Represents shares withheld by the Issuer in connection with the reporting person's net share settlement to satisfy the exercise price and tax liability based upon the exercise of 32,500 shares of restricted stock 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.
- F6The employee stock options vested in two equal biennial installments and were fully vested as of April 16, 2016.