Matador Resources Co — Director's Dealing 2018

Feb 14, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Matador Resources Co (MTDR)
CIK: 0001520006
Period of Report: 2018-02-11

Reporting Person: Robinson Bradley M (CTO, SVP-Reservoir Engineering)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-02-11	Common Stock	M	5000	$9	Acquired	226978	Direct
2018-02-11	Common Stock	F	2080	$28.25	Disposed	224898	Direct
2018-02-11	Common Stock	M	10000	$8.21	Acquired	234898	Direct
2018-02-11	Common Stock	F	5368	$28.25	Disposed	229530	Direct
2018-02-11	Common Stock	M	5327	$19.71	Acquired	234857	Direct
2018-02-11	Common Stock	F	4270	$28.25	Disposed	230587	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-02-11	Employee Stock Option	$9.0	M	5000	Disposed	2020-02-21	Common Stock (5000.0)	Direct
2018-02-11	Employee Stock Option	$8.21	M	10000	Disposed	2018-03-07	Common Stock (10000.0)	Direct
2018-02-11	Employee Stock Option	$19.71	M	5327	Disposed	2019-02-10	Common Stock (5327.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	50000	Indirect

Footnotes

F1: Includes 18,342 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 16,287 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: 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 5,000 employee stock options that were granted to the reporting person on February 22, 2010. No shares were sold by the reporting person to satisfy the exercise price or the tax liability.

F4: 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 10,000 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.

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 5,327 employee stock options that were granted to the reporting person on February 11, 2014. No shares were sold by the reporting person to satisfy the exercise price or the tax liability.

F6: The employee stock options vested in four equal annual installments and were fully vested as of February 22, 2014.

F7: The employee stock options vested in two equal biennial installments and were fully vested as of March 8, 2017.

F8: The employee stock options vested in two equal biennial installments and were fully vested as of February 11, 2018.