Matador Resources Co — Director's Dealing 2021

Sep 30, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Matador Resources Co (MTDR)
CIK: 0001520006
Period of Report: 2021-09-27

Reporting Person: Adams Craig N (EVP, COO - Land, Legal & Admin)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-09-27	Common Stock	M	68500	$27.26	Acquired	216927	Direct
2021-09-27	Common Stock	F	57357	$36.24	Disposed	159570	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-09-27	Employee Stock Option	$27.26	M	68500	Disposed	2023-02-14	Common Stock (68500.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2850	Indirect

Footnotes

F1: 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 68,500 employee stock options that were granted to the reporting person on February 15, 2017. No shares were sold by the reporting person to satisfy the exercise price or the tax liability.

F2: 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 15, 2020.