SEC Form 4 · accession 0001520006-17-000161
Matador Resources Co · MTDR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Gaines Baty
Director
Period of report
Jun 1, 2017
Accepted (ET)
Jun 5, 2017 · 9:46 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 | Jun 1, 2017 | A | 5,923 | $0.00 | A | 25,313 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents restricted stock units granted to the reporting person on June 1, 2017. Such restricted stock units will vest immediately prior to the election of the nominees for director at the 2018 annual meeting of shareholders of the Issuer, or if such election has not occurred earlier, on September 30, 2018 (the "Vesting Date"). Fifty percent (50%) of such vested restricted stock units will be deliverable to the reporting person in an equal number of shares of common stock on the Vesting Date, and pursuant to the Issuer's Nonqualified Deferred Compensation Plan for Non-Employee Directors, the reporting person has deferred delivery of the remaining fifty percent (50%) of such restricted stock units to within 30 days of the earlier of (i) the first anniversary of the Vesting Date, (ii) separation of service or (iii) a change in control.