ANTERO RESOURCES Corp — Director's Dealing 2024

May 16, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ANTERO RESOURCES Corp (AR)
CIK: 0001433270
Period of Report: 2024-05-14

Reporting Person: Schultz Yvette K (See Remarks)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-05-14	Common stock, par value $0.01 per share	M	8858	—	Acquired	298363	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-05-14	Performance Share Unit	$	M	8858	Disposed		Common stock, par value $0.01 per share (8858)	Direct

Footnotes

F1: Includes 125,991 shares of common stock ("Common Stock") of Antero Resources Corp. (the "Issuer") subject to previously granted restricted stock unit awards ("RSUs") and 61,860 shares of Common Stock subject to previously granted performance share units ("PSUs"), in each case, that remain subject to service-based vesting.

F2: On May 14, 2024, the Compensation Committee of the Issuer certified the Issuer's absolute total shareholder return ("TSR") over the second performance period, which ran from April 15, 2023 through April 15, 2024, at the maximum level, resulting in 25% of the PSUs originally granted on April 15, 2022 that vest based on the Issuer's absolute TSR becoming earned at 200% of the target amount granted. These PSUs remain outstanding and subject to service-based vesting requirements until April 15, 2025.