George G. Krug - Feb 14, 2025 Form 4 Insider Report for Matador Resources Co (MTDR)

Role
EVP - Mktg and Midstream
Signature
/s/ George G. Krug, by Cale L. Curtin as attorney-in-fact
Stock symbol
MTDR
Transactions as of
Feb 14, 2025
Transactions value $
$0
Form type
4
Date filed
2/19/2025, 07:14 PM
Previous filing
Jan 10, 2025
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MTDR Phantom Units Award $0 +20K $0.00 20K Feb 14, 2025 Common Stock 20K Direct F1, F2
transaction MTDR Phantom Units Options Exercise $0 -5K -33.33% $0.00 10K Feb 14, 2025 Common Stock 5K Direct F3, F4
transaction MTDR Phantom Units Options Exercise $0 -5K -50% $0.00 5K Feb 16, 2025 Common Stock 5K Direct F5, F6
transaction MTDR Phantom Units Options Exercise $0 -8.05K -100% $0.00 0 Feb 17, 2025 Common Stock 8.05K Direct F7, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each phantom unit is the economic equivalent of one share of common stock of Issuer.
F2 The phantom units vest in equal annual installments on the first, second and third anniversaries of the date of grant.
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 14, 2025 partial vesting of such award, the reporting person settled the phantom units for cash at a rate of $57.12 per unit based upon the closing price of the Issuer's common stock on February 13, 2025. 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 14, 2024.
F5 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, 2025 partial vesting of such award, the reporting person settled the phantom units for cash at a rate of $57.19 per unit based upon the closing price of the Issuer's common stock on February 14, 2025. No shares of common stock were issued to nor sold by the reporting person pursuant to this transaction.
F6 The phantom units vest in equal annual installments on the first, second and third anniversaries of the date of grant, February 16, 2023.
F7 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, 2025 partial vesting of such award, the reporting person settled the phantom units for cash at a rate of $57.19 per unit based upon the closing price of the Issuer's common stock on February 14, 2025. No shares of common stock were issued to nor sold by the reporting person pursuant to this transaction.
F8 The phantom units vest in equal annual installments on the first, second and third anniversaries of the date of grant, February 17, 2022.