Matador Resources Co — Director's Dealing 2021

Jan 22, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Matador Resources Co (MTDR)
CIK: 0001520006
Period of Report: 2021-01-19

Reporting Person: Goodwin Billy E (EVP, COO - Operations)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-01-19	Employee Stock Option	$15.0	D	49419	Disposed	2021-02-18	Common Stock (49419.0)	Direct

Footnotes

F1: The employee stock options vested on the third anniversary of the date of grant, February 19, 2019.

F2: The employee stock options were cancelled by mutual agreement of the reporting person and the Issuer. The reporting person received $1.46 per share for the cancellation of the in-the-money options, equaling the positive difference between the closing price of the Issuer's common stock on the date of cancellation and the exercise price of the options.