Matador Resources Co — Director's Dealing 2017

Jul 28, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Matador Resources Co (MTDR)
CIK: 0001520006
Period of Report: 2017-07-25

Reporting Person: Singleton Van H II (EVP - Land)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-07-25	Common Stock	M	33750	$8.18	Acquired	98994	Direct
2017-07-25	Common Stock	F	19945	$24.31	Disposed	79049	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-07-25	Employee Stock Option	$8.18	M	33750	Disposed	2018-03-11	Common Stock (33750.0)	Direct

Footnotes

F1: Includes 19,406 shares of restricted stock granted to the reporting person on February 15, 2017 that vest in equal installments on the first, second and third anniversaries of the date of grant.

F2: Includes 17,450 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 902 shares of restricted stock granted to the reporting person on April 30, 2015 that vest on the third anniversary of the date of grant.

F4: Includes 3,000 shares of restricted stock granted to the reporting person on January 21, 2015 that vest on the third anniversary of the date of grant.

F5: Includes 690 shares of restricted stock granted to the reporting person on March 17, 2014 that vest on the fourth anniversary of the date of grant.

F6: 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 33,750 employee stock options that were granted to the reporting person on March 12, 2013. No shares were sold by the reporting person to satisfy the exercise price or the tax liability.

F7: The employee stock options vested in two equal biennial installments beginning on the second anniversary of the date of grant and were fully vested as of March 12, 2017.