| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | AR | Common stock, par value $0.01 per share | Award | $0 | +10.7K | +4.39% | $0.00 | 254K | Feb 25, 2025 | Direct | F1, F2 |
| transaction | AR | Common stock, par value $0.01 per share | Tax liability | -$568K | -15.2K | -6% | $37.35 | 238K | Feb 25, 2025 | Direct | F2, F3 |
| transaction | AR | Common stock, par value $0.01 per share | Award | $0 | +11.3K | +4.75% | $0.00 | 250K | Feb 25, 2025 | Direct | F4, F5 |
| transaction | AR | Common stock, par value $0.01 per share | Award | $0 | +15.2K | +6.09% | $0.00 | 265K | Feb 25, 2025 | Direct | F6, F7 |
| transaction | AR | Common stock, par value $0.01 per share | Award | $0 | +14.7K | +5.55% | $0.00 | 280K | Feb 25, 2025 | Direct | F8, F9 |
| transaction | AR | Common stock, par value $0.01 per share | Options Exercise | $0 | +9.4K | +3.36% | $0.00 | 289K | Feb 25, 2025 | Direct | F10, F11 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | AR | Common stock, par value $0.01 per share | Options Exercise | -9.4K | -50% | 9.4K | Feb 25, 2025 | Common stock, par value $0.01 per share | 9.4K | Direct | F10 |
| Id | Content |
|---|---|
| F1 | On February 25, 2025, the Compensation Committee (the "Compensation Committee") of Antero Resources Corp. (the "Issuer") certified the Issuer's net debt to adjusted EBITDAX multiple over the third and final performance period, which ran from January 1, 2024 through December 31, 2024, at between target and maximum performance levels, resulting in 33% of the performance share units ("PSUs") originally granted on April 15, 2022 that vest based on the Issuer's net debt to adjusted EBITDAX multiple becoming earned at 180.53% of the target amount granted. The service-based vesting requirements applicable to the PSUs originally granted on April 15, 2022 that vest based on the Issuer's net debt to adjusted EBITDAX multiple were satisfied as of December 31, 2024. |
| F2 | Includes 113,460 shares of common stock of the Issuer ("Common Stock") subject to previously granted restricted stock unit awards ("RSUs") and 38,240 shares of Common Stock subject to previously granted PSUs, in each case, that remain subject to service-based vesting. |
| F3 | In connection with the vesting and settlement of the PSUs originally granted on April 15, 2022 through the issuance of Common Stock pursuant to the Antero Resources Corporation 2020 Long-Term Incentive Plan, the Issuer withheld Common Stock that would have otherwise 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 February 25, 2025. |
| F4 | On February 25, 2025, the Compensation Committee certified the Issuer's net debt to adjusted EBITDAX multiple over the second performance period, which ran from January 1, 2024 through December 31, 2024, at between target and maximum performance levels, resulting in 33% of the PSUs originally granted on October 19, 2022 that vest based on the Issuer's net debt to adjusted EBITDAX multiple becoming earned at 180.53% of the target amount granted. These PSUs remain outstanding and subject to service-based vesting requirements until December 31, 2025. |
| F5 | Includes 113,460 shares of Common Stock subject to previously granted RSUs and 49,552 shares of Common Stock subject to previously granted PSUs, in each case, that remain subject to service-based vesting. |
| F6 | On February 25, 2025, the Compensation Committee certified the Issuer's net debt to adjusted EBITDAX multiple over the second performance period, which ran from January 1, 2024 through December 31, 2024, at between target and maximum performance levels, resulting in 33% of the PSUs originally granted on March 7, 2023 that vest based on the Issuer's net debt to adjusted EBITDAX multiple becoming earned at 180.53% of the target amount granted. These PSUs remain outstanding and subject to service-based vesting requirements until December 31, 2025. |
| F7 | Includes 113,460 shares of Common Stock subject to previously granted RSUs and 64,763 shares of Common Stock subject to previously granted PSUs, in each case, that remain subject to service-based vesting. |
| F8 | On February 25, 2025, the Compensation Committee certified the Issuer's net debt to adjusted EBITDAX multiple over the first performance period, which ran from January 1, 2024 through December 31, 2024, at between target and maximum performance levels, resulting in 33% of the PSUs originally granted on March 7, 2024 that vest based on the Issuer's net debt to adjusted EBITDAX multiple becoming earned at 180.53% of the target amount granted. These PSUs remain outstanding and subject to service-based vesting requirements until December 31, 2025. |
| F9 | Includes 113,460 shares of Common Stock subject to previously granted RSUs and 79,459 shares of Common Stock subject to previously granted PSUs, in each case, that remain subject to service-based vesting. |
| F10 | On February 28, 2024, the Compensation Committee certified the Issuer's absolute total stockholder return ("TSR") performance over the second performance period, which ran from January 1, 2024 through December 31, 2024, at maximum performance, resulting in 50% of the PSUs originally granted on October 19, 2022 that vest based on absolute TSR over such second performance period becoming earned. |
| F11 | Includes 113,460 shares of Common Stock subject to previously granted RSUs and 88,857 shares of Common Stock subject to previously granted PSUs, in each case, that remain subject to service-based vesting. |
Senior Vice President - Legal, Chief Compliance Officer, General Counsel and Corporate Secretary