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Matador Resources Co — Director's Dealing 2022
Jun 23, 2022
30957_dirs_2022-06-23_1814bb72-05f7-4810-a4d6-8f009bb1fee5.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Matador Resources Co (MTDR)
CIK: 0001520006
Period of Report: 2022-06-22
Reporting Person: Elsener William Thomas (EVP, Reservoir Engineering)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-06-22 | Phantom Units | $ | M | 1667 | Disposed | Common Stock (1667.0) | Direct |
Footnotes
F1: Each phantom unit is the economic equivalent of one share of the Issuer's common stock. As required by the terms of the award, upon the June 22, 2022 partial vesting of such award, the reporting person settled the phantom units for cash at a rate of $53.64 per unit based upon the closing price of the Issuer's common stock on June 21, 2022. No shares of common stock were issued to nor sold by the reporting person pursuant to this transaction.
F2: The phantom units vest in equal installments on the second and third anniversaries of the date of grant, June 22, 2020.