Matador Resources Co — Director's Dealing 2021

Oct 21, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Matador Resources Co (MTDR)
CIK: 0001520006
Period of Report: 2021-10-18

Reporting Person: Macalik Robert T (SVP, Chief Accounting Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-10-18	Common Stock	M	7070	$29.68	Acquired	64587	Direct
2021-10-18	Common Stock	F	5641	$43.82	Disposed	58946	Direct
2021-10-19	Common Stock	M	7000	$29.68	Acquired	65946	Direct
2021-10-19	Common Stock	F	5687	$42.98	Disposed	60259	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-10-18	Employee Stock Option	$29.68	M	7070	Disposed	2024-02-15	Common Stock (7070.0)	Direct
2021-10-19	Employee Stock Option	$29.68	M	7000	Disposed	2024-02-15	Common Stock (7000.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	27175	Indirect

Footnotes

F1: Includes 12,500 shares of restricted stock granted to the reporting person on June 4, 2021 that vest in equal annual installments on the first, second and third anniversaries of the date of grant.

F2: Includes 2,563 shares of restricted stock granted to the reporting person on April 29, 2019 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 the tax liability upon the exercise of 7,070 employee stock options that were granted to the reporting person on February 16, 2018. 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 the tax liability upon the exercise of 7,000 employee stock options that were granted to the reporting person on February 16, 2018. No shares were sold by the reporting person to satisfy the exercise price or the tax liability.

F5: The employee stock options vested in equal annual installments on the first, second and third anniversaries of the date of grant and were fully vested as of February 16, 2021.