Van H Singleton II - Jan 7, 2025 Form 4 Insider Report for Matador Resources Co (MTDR)

Role
President-Land, A&D, Planning
Signature
/s/ Van H. Singleton, II, by Cale L. Curtin as attorney-in-fact
Stock symbol
MTDR
Transactions as of
Jan 7, 2025
Transactions value $
-$662,156
Form type
4
Date filed
1/10/2025, 06:17 PM
Previous filing
Sep 11, 2024
Next filing
Feb 19, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTDR Common Stock Award $0 +28.4K +10.53% $0.00 298K Jan 7, 2025 Direct F1, F2
transaction MTDR Common Stock Tax liability -$662K -11.3K -3.8% $58.35 287K Jan 7, 2025 Direct F2, F3
holding MTDR Common Stock 2.51K Jan 7, 2025 Represents shares held of record by the reporting person's 401(k) account
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares received in settlement of performance stock units granted to the reporting person on February 17, 2022 (the "2022 Performance Stock Grant"), which settled at 172% of target based upon the Issuer's relative total shareholder return over a three-year performance period from January 1, 2022 to December 31, 2024.
F2 Includes shares acquired pursuant to the Issuer's Employee Stock Purchase Plan. Such acquisitions are exempt under Rule 16b-3.
F3 Represents shares withheld by the Issuer in connection with the reporting person's net share settlement to satisfy tax liability upon settlement of the 2022 Performance Stock Grant. No shares were sold by the reporting person to satisfy this tax liability.