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Matador Resources Co — Director's Dealing 2024
Jan 3, 2024
30957_dirs_2024-01-02_cda4f010-0cfa-406b-bdcd-0669ea2e26bd.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: 2023-12-31
Reporting Person: Krug George G (EVP - Mktg and Midstream)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-12-31 | Common Stock | A | 44500 | — | Acquired | 225902 | Direct |
| 2023-12-31 | Common Stock | F | 17511 | $56.86 | Disposed | 208391 | Direct |
Footnotes
F1: Represents shares received in settlement of performance stock units granted to the reporting person on June 4, 2021 (the "2021 Performance Stock Grant"), which settled at 178% of target based upon the Issuer's relative total shareholder return over a three-year performance period from January 1, 2021 to December 31, 2023.
F2: Includes shares acquired pursuant to the Issuer's Employee Stock Purchase Plan. Such acquisitions are exempt under Rule 16b-3.
F3: Represents shares withheld by the Issuer in connection with the reporting person's net share settlement to satisfy tax liability upon settlement of the 2021 Performance Stock Grant. No shares were sold by the reporting person to satisfy this tax liability.