SEC Form 4 · accession 0001520006-18-000018
Matador Resources Co · MTDR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Billy E Goodwin
Officer — EVP - Operations
Period of report
Jan 23, 2018
Accepted (ET)
Jan 25, 2018 · 8:50 pm EST
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 | Jan 23, 2018 | M | 34,286 | $22.01 | A | 141,815 | D | |
| Common StockF3,F1,F2 | Jan 23, 2018 | F | 26,719 | $33.30 | D | 115,096 | 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 | $22.01 | Jan 23, 2018 | M | 34,286 | D | — | Jan 20, 2020 | Common Stock | 34,286 | 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 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 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 34,286 employee stock options that were granted to the reporting person on January 21, 2015. No shares were sold by the reporting person to satisfy the exercise price or the tax liability.
- F4The employee stock options were fully vested on January 21, 2018.