Matador Resources (MTDR) Form 3 Matador Resources / William Thomas Elsener ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Elsener William Thomas

(Last) (First) (Middle)

5400 LBJ FREEWAY

SUITE 1500

(Street)

DALLAS TX 75240

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
06/10/2022

3. Issuer Name and Ticker or Trading Symbol
Matador Resources Co [ MTDR ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
EVP, Reservoir Engineering

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	75,057(1)(2)	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option	(3)	02/15/2024	Common Stock	4,548	29.68	D
Employee Stock Option	(4)	08/27/2025	Common Stock	9,334	14.8	D
Phantom Units	(5)	(5)	Common Stock	3,334	(6)	D

Explanation of Responses:

1. Includes 11,638 shares of restricted stock granted to the reporting person on February 17, 2022 that vest in equal annual installments on the first, second and third anniversaries of the date of grant.

2. Includes 8,334 shares of restricted stock granted to the reporting person on June 4, 2021 that vest in equal annual installments on the second and third anniversaries of the date of grant.

3. The employee stock options are fully vested and exercisable.

4. As of the date of this report, 1,000 employee stock options are fully vested and exercisable and 8,334 employee stock options vest on the third anniversary of the date of grant, August 28, 2019.

5. The phantom units vest in equal annual installments on the second and third anniversaries of the date of grant, June 22, 2020.

6. Each phantom unit is the economic equivalent of one share of common stock of Matador Resources Company.

Remarks:

	/s/ William Thomas Elsener, by Brian J. Willey as attorney-in-fact	06/21/2022
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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