SEC Form 4 · accession 0001520006-17-000130
Matador Resources Co · MTDR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bradley M Robinson
Officer — CTO, SVP-Reservoir Engineering
Period of report
Apr 12, 2017
Accepted (ET)
Apr 13, 2017 · 9:49 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 | Apr 12, 2017 | M | 20,000 | $10.49 | A | 235,481 | D | |
| Common StockF4,F1,F2,F3 | Apr 12, 2017 | F | 13,503 | $23.31 | D | 221,978 | D | |
| Common Stock | holding | — | — | — | 50,000 | 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 OptionF5 | $10.49 | Apr 12, 2017 | M | 20,000 | D | — | Apr 15, 2017 | Common Stock | 20,000 | 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 the grant.
- F2Includes 16,287 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 1,332 shares of restricted stock granted to the reporting person on February 11, 2014 that vest on the fourth anniversary of the date of grant.
- F4Represents 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 20,000 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.
- F5The 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.