Matador Resources Co — Director's Dealing 2020

Feb 24, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Matador Resources Co (MTDR)
CIK: 0001520006
Period of Report: 2020-02-21

Reporting Person: Lancaster David E (EVP and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-21	Common Stock	M	15000	$9	Acquired	388475	Direct
2020-02-21	Common Stock	F	10681	$12.64	Disposed	377794	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-02-21	Employee Stock Option	$9.0	M	15000	Disposed	2020-02-21	Common Stock (15000.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	75500	Indirect

Footnotes

F1: Includes 14,226 shares of restricted stock granted to the reporting person on February 16, 2018 that vest on the third anniversary of the date of grant.

F2: Represents shares withheld by the Issuer in connection with the reporting person's net share settlement to satisfy the exercise price for 15,000 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.

F3: The employee stock options were fully vested on February 22, 2014.