SEC Form 4 · accession 0001520006-18-000087
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 7, 2018
Accepted (ET)
Jun 11, 2018 · 9:42 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 7, 2018 | A | 5,210 | $0.00 | A | 30,523 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents restricted stock units ("RSUs") granted to the reporting person on June 7, 2018. Such RSUs will vest immediately prior to the election of the nominees for director at the 2019 annual meeting of shareholders of the Issuer, or if such election has not occurred earlier, on September 30, 2019 (the "Vesting Date"). Pursuant to the Issuer's Nonqualified Deferred Compensation Plan for Non-Employee Directors, the reporting person has deferred delivery of fifty percent (50%) of the vested RSUs to within 30 days of the earlier of (i) the first anniversary of the Vesting Date, (ii) separation of service or (iii) change in control, and the remaining fifty percent (50%) of such RSUs to within 30 days of the earlier of (i) the second anniversary of the Vesting Date, (ii) separation of service or (iii) a change in control (the "Delivery Dates"). On the Delivery Dates, such vested RSUs will be deliverable to the reporting person in an equal number of shares of common stock.