Matador Resources Co — Director's Dealing 2018

Jan 18, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Matador Resources Co (MTDR)
CIK: 0001520006
Period of Report: 2018-01-15

Reporting Person: Krug George G (SVP - Mktg and Midstream)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-01-15	Common Stock	M	2206	$22.66	Acquired	68316	Direct
2018-01-15	Common Stock	F	1830	$32.75	Disposed	66486	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-01-15	Employee Stock Option	$22.66	M	2206	Disposed	2019-03-16	Common Stock (2206.0)	Direct

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 13,960 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 8,696 shares of restricted stock granted to the reporting person on October 5, 2015 that vest on the third anniversary of the date of grant.

F4: Includes 2,500 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 1,104 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 2,206 employee stock options that were granted to the reporting person on March 17, 2014. No shares were sold by the reporting person to satisfy the exercise price or the tax liability.

F7: The employee stock options vest in two equal biennial installments beginning on the second anniversary of the date of grant, March 17, 2016.