4//SEC Filing
Warren Glen C Jr 4
Accession 0001104659-20-084245
CIK 0001433270other
Filed
Jul 16, 8:00 PM ET
Accepted
Jul 17, 6:01 AM ET
Size
10.3 KB
Accession
0001104659-20-084245
Insider Transaction Report
Form 4
Warren Glen C Jr
DirectorSee Remarks
Transactions
- Award
Common stock, par value $0.01 per share
2020-07-15+134,000→ 10,324,526 total - Award
Performance Share Units
2020-07-15+67,000→ 67,000 total→ Common Stock (67,000 underlying)
Holdings
- 7(indirect: See Footnote)
Common stock, par value $0.01 per share
Footnotes (7)
- [F1]Common stock of the Issuer ("Common Stock") subject to a Restricted Stock Unit Grant Notice and Restricted Stock Unit Agreement that vest in four equal installments on the first four anniversaries of April 15, 2020.
- [F2]Includes 9,917 shares of Common Stock subject to previously granted restricted stock unit awards that remain subject to vesting.
- [F3]Includes 3,848,997 shares of Common Stock held by Canton Investment Holdings LLC ("Canton"). The Reporting Person is the managing member and 50% owner of Canton. The Reporting Person disclaims beneficial ownership of all shares of Common Stock held by Canton except to the extent of his pecuniary interest therein.
- [F4]Represents shares of Common Stock purchased by a family member of the Reporting Person. All shares of Common Stock indicated as indirectly owned by the Reporting Person are included because of his relation to the holder. The Reporting Person disclaims beneficial ownership of all shares of Common Stock reported except to the extent of his pecuniary interest therein.
- [F5]Each performance share unit ("PSU") represents a contingent right to receive one share of Common Stock.
- [F6]Vesting of the PSUs granted on July 15, 2020 is contingent upon the achievement of both a performance and a service requirement. The performance component measures absolute total shareholder return over each of four performance periods: Performance Period One beginning on the grant date and ending on April 15, 2021, Performance Period Two beginning on April 15, 2021 and ending on April 15, 2022, Performance Period Three beginning on April 15, 2022 and ending on April 15, 2023, and Performance Period Four beginning on the grant date and ending on April 15, 2023.
- [F7]The performance component for one quarter of the PSUs is determined following the completion of each respective performance period. Depending on the level of achievement of such goals, the actual number of PSUs earned could range from 0% to 150% of the target number of PSUs, as shown in column 5. Irrespective of the performance achieved during each performance period, the PSUs generally will not vest unless the Reporting Person also remains employed from the grant date through April 15, 2023.
Documents
Issuer
ANTERO RESOURCES Corp
CIK 0001433270
Entity typeother
Related Parties
1- filerCIK 0001375364
Filing Metadata
- Form type
- 4
- Filed
- Jul 16, 8:00 PM ET
- Accepted
- Jul 17, 6:01 AM ET
- Size
- 10.3 KB