SEC Form 4 · accession 0001520006-17-000107
Matador Resources Co · MTDR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
George G Krug
Officer — SVP - Mktg and Midstream
Period of report
Apr 6, 2017
Accepted (ET)
Apr 10, 2017 · 9:38 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,F5 | Apr 6, 2017 | M | 8,000 | $10.49 | A | 71,410 | D | |
| Common StockF6,F1,F2,F3,F4,F5 | Apr 6, 2017 | F | 5,300 | $24.07 | D | 66,110 | 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 OptionF7 | $10.49 | Apr 6, 2017 | M | 8,000 | D | — | Apr 15, 2017 | Common Stock | 8,000 | 0 | D |
Explanation of responses
- F1Includes 18,342 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 13,960 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 8,696 shares of restricted stock granted to the reporting person on October 5, 2015 that vest on the third anniversary of the date of grant.
- F4Includes 2,500 shares of restricted stock granted to the reporting person on January 21, 2015 that vest on the third anniversary of the date of grant.
- F5Includes 1,104 shares of restricted stock granted to the reporting person on March 17, 2014 that vest on the fourth anniversary of the date of grant.
- F6Represents 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 8,000 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.
- F7The employee stock options vested in two equal biennial installments beginning on the second anniversary of the date of grant and were fully vested as of April 16, 2016.