4//SEC Filing
Kennedy Michael N. 4
Accession 0001104659-25-035573
CIK 0001433270other
Filed
Apr 15, 8:00 PM ET
Accepted
Apr 16, 5:32 PM ET
Size
14.9 KB
Accession
0001104659-25-035573
Insider Transaction Report
Form 4
Kennedy Michael N.
See Remarks
Transactions
- Exercise/Conversion
Performance Share Unit
2025-04-15−20,704→ 20,705 total→ Common stock, par value $0.01 per share (20,704 underlying) - Tax Payment
Common stock, par value $0.01 per share
2025-04-15$33.10/sh−12,529$414,710→ 1,183,582 total - Exercise/Conversion
Performance Share Unit
2025-04-15−20,002→ 30,006 total→ Common stock, par value $0.01 per share (20,002 underlying) - Exercise/Conversion
Common stock, par value $0.01 per share
2025-04-15+20,704→ 1,176,109 total - Exercise/Conversion
Common stock, par value $0.01 per share
2025-04-15+20,002→ 1,196,111 total
Footnotes (6)
- [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 189,373 shares of Common Stock subject to restricted stock units ("RSU") awards and 152,029 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 189,373 shares of Common Stock subject to RSU awards and 172,031 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 160,888 shares of Common Stock subject to RSU awards and 172,031 PSUs in respect of which performance has been certified, in each case that remain subject to service-based vesting.
Documents
Issuer
ANTERO RESOURCES Corp
CIK 0001433270
Entity typeother
Related Parties
1- filerCIK 0001477679
Filing Metadata
- Form type
- 4
- Filed
- Apr 15, 8:00 PM ET
- Accepted
- Apr 16, 5:32 PM ET
- Size
- 14.9 KB