Joseph Wm Foran - Feb 21, 2025 Form 4 Insider Report for Matador Resources Co (MTDR)

Role
Chairman and CEO, Director
Signature
/s/ Joseph Wm. Foran, by Cale L. Curtin as attorney-in-fact
Stock symbol
MTDR
Transactions as of
Feb 21, 2025
Transactions value $
$323,640
Form type
4
Date filed
2/24/2025, 07:14 AM
Previous filing
Feb 19, 2025
Next filing
Feb 27, 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 Purchase $324K +6K +17.98% $53.94 39.4K Feb 21, 2025 Direct F1, F2, F3, F4
holding MTDR Common Stock 0 Feb 21, 2025 See footnote F5, F6, F7
holding MTDR Common Stock 489K Feb 21, 2025 See footnote F4, F5, F8
holding MTDR Common Stock 453K Feb 21, 2025 See footnote F4, F5, F9
holding MTDR Common Stock 1.11M Feb 21, 2025 See footnote F5, F10
holding MTDR Common Stock 1.14M Feb 21, 2025 See footnote F5, F11
holding MTDR Common Stock 1.35M Feb 21, 2025 See footnote F5, F12
holding MTDR Common Stock 36.9K Feb 21, 2025 See footnote F5, F13
holding MTDR Common Stock 36.9K Feb 21, 2025 See footnote F5, F14
holding MTDR Common Stock 109K Feb 21, 2025 See footnote F5, F15
holding MTDR Common Stock 109K Feb 21, 2025 See footnote F5, F16
holding MTDR Common Stock 90.2K Feb 21, 2025 See footnote F5, F17
holding MTDR Common Stock 90.2K Feb 21, 2025 See footnote F5, F18
holding MTDR Common Stock 176K Feb 21, 2025 See footnote F5, F19
holding MTDR Common Stock 176K Feb 21, 2025 See footnote F5, F20
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $52.73 to $55.06 per share, inclusive. The reporting person shall provide to the Securities and Exchange Commission, the Issuer or any security holder of the Issuer, upon request, full information regarding the number of shares purchased at each separate price.
F2 Includes shares acquired pursuant to the Issuer's Employee Stock Purchase Plan. Such acquisitions are exempt under Rule 16-b3.
F3 Amount of shares reported includes shares held of record by the reporting person following a terminating distribution from the JWF 2023-1 GRAT to its settlor and the contribution of shares by the reporting person to the JWF 2025-1 GRAT, pursuant to the terms of such trusts, as described below.
F4 Reflects the transfer of 6,338 shares to the Foran 2012 Savings Trust and 6,498 shares to the Foran 2012 Security Trust, which transfers effected only a change in the form of beneficial ownership and did not result in any change in the reporting person's pecuniary interest in such shares.
F5 The reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, the beneficial owner of these shares. The reporting person disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein.
F6 Represents shares held of record by the reporting person's spouse.
F7 Amount of shares reported includes shares held of record by the reporting person's spouse following a terminating distribution from the NNF 2023-1 GRAT to its settlor and the contribution of shares by the reporting person's spouse to the NNF 2025-1 GRAT, pursuant to the terms of such trusts, as described below.
F8 Represents shares held of record by the Foran 2012 Savings Trust for which the reporting person's spouse is a trustee.
F9 Represents shares held of record by the Foran 2012 Security Trust for which the reporting person is the trustee.
F10 Represents shares held of record by Sage Resources, Ltd., which is a limited partnership owned by the reporting person's family, including the reporting person.
F11 Represents shares held of record collectively by the LRF 2011 Non-GST Trust, WJF 2011 Non-GST Trust, JNF 2011 Non-GST Trust, SIF 2011 Non-GST Trust and MCF 2011 Non-GST Trust (collectively, the "2011 Non-GST Trusts"). The reporting person and his spouse, as settlors of each of the 2011 Non-GST Trusts, retain the power of substitution with respect to the property of the 2011 Non-GST Trusts.
F12 Represents shares held of record collectively by the LRF 2020 Non-GST Trust, WJF 2020 Non-GST Trust, SIF 2020 Non-GST Trust and MCF 2020 Non-GST Trust (collectively, the "2020 Non-GST Trusts"). The reporting person and his spouse, as settlors of each of the 2020 Non-GST Trusts, retain the power of substitution with respect to the property of the 2020 Non-GST Trusts.
F13 Represents shares held of record by the JWF 2023-2 GRAT, for which the reporting person is the trustee and over which the reporting person has sole voting and investment power.
F14 Represents shares held of record by the NNF 2023-2 GRAT, for which the reporting person is the trustee and over which the reporting person has sole voting and investment power.
F15 Represents shares held of record by the JWF 2024-1 GRAT, for which the reporting person is the trustee and over which the reporting person has sole voting and investment power.
F16 Represents shares held of record by the NNF 2024-1 GRAT, for which the reporting person is the trustee and over which the reporting person has sole voting and investment power.
F17 Represents shares held of record by the JWF 2024-2 GRAT, for which the reporting person is the trustee and over which the reporting person has sole voting and investment power.
F18 Represents shares held of record by the NNF 2024-2 GRAT, for which the reporting person is the trustee and over which the reporting person has sole voting and investment power.
F19 Represents shares held of record by the JWF 2025-1 GRAT, for which the reporting person is the trustee and over which the reporting person has sole voting and investment power. Includes 89,179 shares transferred to the trust following their distribution from the JWF 2023-1 GRAT to its settlor and 70,528 shares transferred to the trust following their distribution from the JWF 2024-1 GRAT to its settlor, each being annuity payments required by the terms of the respective trusts. Also includes 16,059 shares transferred to the JWF 2025-1 GRAT by its settlor.
F20 Represents shares held of record by the NNF 2025-1 GRAT, for which the reporting person is the trustee and over which the reporting person has sole voting and investment power. Includes 89,179 shares transferred to the trust following their distribution from the NNF 2023-1 GRAT to its settlor and 70,528 shares transferred to the trust following their distribution from the NNF 2024-1 GRAT to its settlor, each being annuity payments required by the terms of the respective trusts. Also includes 16,059 shares transferred to the NNF 2025-1 GRAT by its settlor.