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Adams Craig N 4

Accession 0001520006-24-000069

CIK 0001520006other

Filed

Feb 20, 7:00 PM ET

Accepted

Feb 21, 8:02 PM ET

Size

8.6 KB

Accession

0001520006-24-000069

Insider Transaction Report

Form 4
Period: 2024-02-16
Adams Craig N
VP and General Counsel
Transactions
  • Exercise/Conversion

    Phantom Units

    2024-02-165,00010,000 total
    Common Stock (5,000 underlying)
  • Exercise/Conversion

    Phantom Units

    2024-02-178,0468,046 total
    Common Stock (8,046 underlying)
Footnotes (4)
  • [F1]Each phantom unit is the economic equivalent of one share of the Issuer's common stock. As required by the terms of the award, upon the February 16, 2024 partial vesting of such award, the reporting person settled the phantom units for cash at a rate of $58.98 per unit based upon the closing price of the Issuer's common stock on February 15, 2024. No shares of common stock were issued to nor sold by the reporting person pursuant to this transaction.
  • [F2]The phantom units vest in equal annual installments on the first, second and third anniversaries of the date of grant, February 16, 2023.
  • [F3]Each phantom unit is the economic equivalent of one share of the Issuer's common stock. As required by the terms of the award, upon the February 17, 2024 partial vesting of such award, the reporting person settled the phantom units for cash at a rate of $59.33 per unit based upon the closing price of the Issuer's common stock on February 16, 2024. No shares of common stock were issued to nor sold by the reporting person pursuant to this transaction.
  • [F4]The phantom units vest in equal annual installments on the first, second and third anniversaries of the date of grant, February 17, 2022.

Issuer

Matador Resources Co

CIK 0001520006

Entity typeother

Related Parties

1
  • filerCIK 0001559162

Filing Metadata

Form type
4
Filed
Feb 20, 7:00 PM ET
Accepted
Feb 21, 8:02 PM ET
Size
8.6 KB