4//SEC Filing
RADY PAUL M 4
Accession 0001104659-25-035569
CIK 0001433270other
Filed
Apr 15, 8:00 PM ET
Accepted
Apr 16, 5:30 PM ET
Size
16.4 KB
Accession
0001104659-25-035569
Insider Transaction Report
Form 4
RADY PAUL M
DirectorSee Remarks10% Owner
Transactions
- Exercise/Conversion
Common stock, par value $0.01 per share
2025-04-15+46,520→ 11,927,926 total - Exercise/Conversion
Performance Share Unit
2025-04-15−46,520→ 69,780 total→ Common stock, par value $0.01 per share (46,520 underlying) - Exercise/Conversion
Common stock, par value $0.01 per share
2025-04-15+48,152→ 11,881,406 total - Tax Payment
Common stock, par value $0.01 per share
2025-04-15$33.10/sh−45,726$1,513,531→ 11,882,200 total - Exercise/Conversion
Performance Share Unit
2025-04-15−48,152→ 48,151 total→ Common stock, par value $0.01 per share (48,152 underlying)
Holdings
- 5,284,264(indirect: See footnote)
Common stock, par value $0.01 per share
Footnotes (7)
- [F1]In connection with the completion of the second performance period, which ran from March 7, 2024 through March 7, 2025, the Compensation Committee (the "Compensation Committee") of Antero Resources Corp. (the "Issuer") certified the Issuer's absolute total shareholder return ("TSR") at the maximum level, resulting in 25% of the performance share units ("PSUs") originally granted on March 7, 2023 that vest based on the Issuer's absolute TSR becoming earned at 200% of the target amount granted. These PSUs remain outstanding and subject to service-based vesting requirements until March 7, 2026.
- [F2]Includes 487,859 shares of Common Stock subject to restricted stock units ("RSU") awards and 386,266 PSUs in respect of which performance has been certified, in each case that remain subject to service-based vesting.
- [F3]In connection with the completion of the first performance period, which ran from March 7, 2024 through March 7, 2025, the Compensation Committee certified the Issuer's absolute TSR at the maximum level, resulting in 25% of the PSUs originally granted on March 7, 2024 that vest based on the Issuer's absolute TSR becoming earned at 200% of the target amount granted. These PSUs remain outstanding and subject to service-based vesting requirements until March 7, 2027.
- [F4]Includes 487,859 shares of Common Stock subject to RSU awards and 432,786 PSUs in respect of which performance has been certified, in each case that remain subject to service-based vesting.
- [F5]In connection with the vesting and settlement of RSUs through the issuance of common stock ("Common Stock") of the Issuer pursuant to the Antero Resources Corporation Amended and Restated 2020 Long Term Incentive Plan, the Issuer withheld Common Stock that would otherwise have been issued to the Reporting Person to satisfy their tax withholding obligations. The number of shares of Common Stock withheld was determined based on the closing price per share of Common Stock on April 15, 2025.
- [F6]Includes 383,893 shares of Common Stock subject to RSU awards and 432,786 PSUs in respect of which performance has been certified, in each case that remain subject to service-based vesting.
- [F7]Includes 2,822,552 shares of Common Stock held by Salisbury Investment Holdings LLC ("Salisbury") and 2,461,712 shares of Common Stock held by Mockingbird Investments LLC ("Mockingbird"). The Reporting Person owns a 95% limited liability company interest in Salisbury and his spouse owns the remaining 5%. The Reporting Person owns a 13.1874% limited liability company interest in Mockingbird and two trusts under his control own the remaining 86.8126%. The Reporting Person disclaims beneficial ownership of all shares of Common Stock held by Salisbury and Mockingbird except to the extent of his pecuniary interest therein.
Documents
Issuer
ANTERO RESOURCES Corp
CIK 0001433270
Entity typeother
Related Parties
1- filerCIK 0001234637
Filing Metadata
- Form type
- 4
- Filed
- Apr 15, 8:00 PM ET
- Accepted
- Apr 16, 5:30 PM ET
- Size
- 16.4 KB