Matador Resources Co — Director's Dealing 2017

Nov 15, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Matador Resources Co (MTDR)
CIK: 0001520006
Period of Report: 2017-11-09

Reporting Person: Hairford Matthew V (President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-11-09	Common Stock	M	58750	$8.21	Acquired	331453	Direct
2017-11-09	Common Stock	F	34436	$28.60	Disposed	297017	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-11-09	Employee Stock Option	$8.21	M	58750	Disposed	2018-03-07	Common Stock (58750.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	5000	Indirect

Footnotes

F1: Includes 36,317 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.

F2: Includes 31,992 shares of restricted stock granted to the reporting person on February 19, 2016 that vest on the third anniversary of the date of grant.

F3: Includes 2,885 shares of restricted stock granted to the reporting person on March 7, 2014 that vest on the fourth anniversary of the date of grant.

F4: Includes 1,269 shares of restricted stock granted to the reporting person on February 11, 2014 that vest on the fourth anniversary of the date of grant.

F5: Represents 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 58,750 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.

F6: The employee stock options vested in two equal biennial installments and were fully vested as of March 8, 2017.