Byerley William M 4
4 · Matador Resources Co · Filed Jun 10, 2019
Insider Transaction Report
Form 4
Byerley William M
Director
Transactions
- Award
Common Stock
2019-06-06+8,395→ 30,600 total
Footnotes (1)
- [F1]Represents restricted stock units ("RSUs") granted to the reporting person on June 6, 2019. Such RSUs will vest on June 6, 2020, or if sooner, immediately prior to the election of the nominees for director at the 2020 annual meeting of shareholders of the Issuer (the "Vesting Date"). Pursuant to the Issuer's Nonqualified Deferred Compensation Plan for Non-Employee Directors, the reporting person has deferred delivery of all of such vested RSUs to within 30 days of the earlier of (i) the fifth anniversary of the Vesting Date, (ii) separation of service or (iii) a change in control (the "Delivery Date"). On the Delivery Date, such vested RSUs will be deliverable to the reporting person in an equal number of shares of common stock.