SEC Form 4 · accession 0001520006-18-000027
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
Feb 11, 2018
Accepted (ET)
Feb 13, 2018 · 9:26 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 | Feb 11, 2018 | M | 5,000 | $9.00 | A | 226,978 | D | |
| Common StockF3,F1,F2 | Feb 11, 2018 | F | 2,080 | $28.25 | D | 224,898 | D | |
| Common StockF1,F2 | Feb 11, 2018 | M | 10,000 | $8.21 | A | 234,898 | D | |
| Common StockF4,F1,F2 | Feb 11, 2018 | F | 5,368 | $28.25 | D | 229,530 | D | |
| Common StockF1,F2 | Feb 11, 2018 | M | 5,327 | $19.71 | A | 234,857 | D | |
| Common StockF5,F1,F2 | Feb 11, 2018 | F | 4,270 | $28.25 | D | 230,587 | 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 OptionF6 | $9.00 | Feb 11, 2018 | M | 5,000 | D | — | Feb 21, 2020 | Common Stock | 5,000 | 0 | D |
| Employee Stock OptionF7 | $8.21 | Feb 11, 2018 | M | 10,000 | D | — | Mar 7, 2018 | Common Stock | 10,000 | 0 | D |
| Employee Stock OptionF8 | $19.71 | Feb 11, 2018 | M | 5,327 | D | — | Feb 10, 2019 | Common Stock | 5,327 | 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 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.
- 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 5,000 employee stock options that were granted to the reporting person on February 22, 2010. No shares were sold by the reporting person to satisfy the exercise price or the tax liability.
- 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 10,000 employee stock options that were granted to the reporting person on March 8, 2013. No shares were sold by the reporting person to satisfy the exercise price or the tax liability.
- F5Represents 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 5,327 employee stock options that were granted to the reporting person on February 11, 2014. No shares were sold by the reporting person to satisfy the exercise price or the tax liability.
- F6The employee stock options vested in four equal annual installments and were fully vested as of February 22, 2014.
- F7The employee stock options vested in two equal biennial installments and were fully vested as of March 8, 2017.
- F8The employee stock options vested in two equal biennial installments and were fully vested as of February 11, 2018.