| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | AR | Common stock, par value $0.01 per share | Options Exercise | $0 | +20.7K | +1.79% | $0.00 | 1.18M | Apr 15, 2025 | Direct | F1, F2 |
| transaction | AR | Common stock, par value $0.01 per share | Options Exercise | $0 | +20K | +1.7% | $0.00 | 1.2M | Apr 15, 2025 | Direct | F3, F4 |
| transaction | AR | Common stock, par value $0.01 per share | Tax liability | -$415K | -12.5K | -1.05% | $33.10 | 1.18M | Apr 15, 2025 | Direct | F5, F6 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | AR | Performance Share Unit | Options Exercise | -20.7K | -50% | 20.7K | Apr 15, 2025 | Common stock, par value $0.01 per share | 20.7K | Direct | F1 | |||
| transaction | AR | Performance Share Unit | Options Exercise | -20K | -40% | 30K | Apr 15, 2025 | Common stock, par value $0.01 per share | 20K | Direct | F3 |
| Id | Content |
|---|---|
| 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. |
Chief Financial Officer and Senior Vice President - Finance