Matador Resources Co — Director's Dealing 2017

Mar 17, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Matador Resources Co (MTDR)
CIK: 0001520006
Period of Report: 2017-03-14

Reporting Person: Goodwin Billy E (SVP - Operations)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-03-14	Common Stock	M	18750	$8.18	Acquired	118377	Direct
2017-03-14	Common Stock	F	11751	$22.92	Disposed	106626	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-03-14	Employee Stock Option	$8.18	M	18750	Disposed	2018-03-11	Common Stock (18750.0)	Direct

Footnotes

F1: Includes 21,552 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 the grant.

F2: Includes 19,777 shares of restricted stock granted to the reporting person on February 19, 2016 that vest on the third anniversary of the date of the grant.

F3: 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 18,750 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.

F4: The employee stock options were fully vested as of March 12, 2017.