ANTERO RESOURCES Corp — Director's Dealing 2019

Feb 12, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ANTERO RESOURCES Corp (AR)
CIK: 0001433270
Period of Report: 2019-02-08

Reporting Person: Kilstrom Kevin J. (Senior VP-Production)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-02-08	Common stock, par value $0.01 per share	F	8446	$8.83	Disposed	110400	Direct
2019-02-08	Common stock, par value $0.01 per share	M	9722	—	Acquired	120122	Direct
2019-02-08	Common stock, par value $0.01 per share	F	3333	$8.83	Disposed	116789	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-02-08	Performance share units	$	M	9722	Disposed		Common stock, par value $0.01 per share (9722)	Direct

Footnotes

F1: In connection with the vesting of restricted stock units pursuant to the Antero Resources Corporation Long-Term Incentive Plan, the Issuer withheld shares that would otherwise have been issued to the Reporting Person to satisfy its tax withholding obligations. The number of shares withheld was determined based on the closing price per share on February 8, 2019.

F2: Includes 34,049 shares of common stock subject to previously granted restricted stock unit awards that remain subject to vesting.

F3: Each performance share unit represented a contingent right to receive one share of the Issuer's common stock upon the achievement of performance metrics established by the compensation committee of the Issuer's board of directors tied to the 10-day weighted average stock price of the Issuer's common stock and satisfaction of certain time-based vesting conditions during the period beginning on the date of grant and ending on the fifth anniversary thereof.

F4: In connection with the vesting of performance share units pursuant to the Antero Resources Corporation Long-Term Incentive Plan, the Issuer withheld shares that would otherwise have been issued to the Reporting Person to satisfy its tax withholding obligations. The number of shares withheld was determined based on the closing price per share on February 8, 2019.

F5: Includes options to purchase 25,000 shares of common stock, including options to purchase 18,750 shares of common stock that are vested and exercisable and options to purchase 6,250 shares of common stock that vest and become exercisable on the next anniversary of the grant date so long as the Reporting Person remains continuously employed by the Issuer through such anniversary date. Each option to purchase common stock expires ten years from the date of grant, or April 15, 2025.

F6: Includes 58,334 performance share units that represent a contingent right to receive one share of the Issuer's common stock upon the achievement of performance metrics established by the compensation committee of the Issuer's board of directors tied to the 10-day weighted average stock price of the Issuer's common stock and satisfaction of certain time-based vesting conditions during the period beginning on the date of grant and ending on the fifth anniversary thereof.