Matador Resources Co — Director's Dealing 2023

Feb 18, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Matador Resources Co (MTDR)
CIK: 0001520006
Period of Report: 2023-02-16

Reporting Person: Elsener William Thomas (EVP, Reservoir Engineering)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-02-16	Common Stock	A	8000	—	Acquired	93228	Direct
2023-02-17	Common Stock	F	1527	$62.03	Disposed	91701	Direct

Footnotes

F1: Represents shares of restricted stock granted to the reporting person on February 16, 2023 that vest in equal installments on the first, second and third anniversaries of the date of grant.

F2: Includes 11,638 shares of restricted stock granted to the reporting person on February 17, 2022 that vest in equal installments on the first, second and third anniversaries of the date of grant.

F3: Includes 8,334 shares of restricted stock granted to the reporting person on June 4, 2021 that vest in equal installments on the second and third anniversaries of the date of grant.

F4: Includes shares acquired pursuant to the Issuer's Employee Stock Purchase Plan. Such acquisitions are exempt under Rule 16b-3.

F5: Represents shares withheld by the Issuer in connection with the reporting person's net share settlement to satisfy tax liability upon the vesting of 3,879 shares of restricted stock that were granted to the reporting person on February 17, 2022. No shares were sold by the reporting person to satisfy this tax liability.

F6: Includes 7,759 shares of restricted stock granted to the reporting person on February 17, 2022 that vest in equal installments on the second and third anniversaries of the date of grant.