SEC Form 4 · accession 0001520006-18-000043
Matador Resources Co · MTDR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David E Lancaster
Officer — EVP and CFO
Period of report
Feb 15, 2018
Accepted (ET)
Feb 20, 2018 · 9:48 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,F3,F4,F5 | Feb 15, 2018 | F | 4,170 | $29.57 | D | 346,351 | D | |
| Common StockF6,F2,F3,F4,F5 | Feb 16, 2018 | A | 42,677 | $0.00 | A | 389,028 | D | |
| Common Stock | holding | — | — | — | 75,500 | 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 OptionF7 | $29.68 | Feb 16, 2018 | A | 50,105 | A | — | Feb 15, 2024 | Common Stock | 50,105 | 50,105 | D |
Explanation of responses
- F1Represents shares withheld by the Issuer in connection with the reporting person's net share settlement to satisfy tax liability upon the vesting of 10,595 shares of restricted stock that were granted to the reporting person on February 15, 2017. No shares were sold by the reporting person to satisfy this tax liability.
- F2Includes 21,191 shares of restricted stock granted to the reporting person on February 15, 2017 that vest in equal annual installments on the second and third anniversaries of the date of grant.
- F3Includes 24,866 shares of restricted stock granted to the reporting person on February 19, 2016 that vest on the third anniversary of the date of grant.
- F4Includes 1,804 shares of restricted stock granted to the reporting person on April 30, 2015 that vest on the third anniversary of the date of grant.
- F5Includes 5,342 shares of restricted stock granted to the reporting person on March 7, 2014 that vest on the fourth anniversary of the date of grant.
- F6Represents shares of restricted stock granted to the reporting person on February 16, 2018 that vest in equal annual installments on the first, second and third anniversaries of the date of grant.
- F7The employee stock options vest in equal annual installments on the first, second and third anniversaries of the date of grant.