Schopp Alvyn A. 4
4 · ANTERO RESOURCES Corp · Filed Apr 17, 2019
Insider Transaction Report
Form 4
Schopp Alvyn A.
See Remarks
Transactions
- Tax Payment
Common stock, par value $0.01 per share
2019-04-15$8.59/sh−8,676$74,527→ 1,098,733 total - Award
Performance Share Units
2019-04-15+104,773→ 104,773 total→ Common Stock (104,773 underlying)
Footnotes (4)
- [F1]In connection with the vesting of shares of restricted stock units pursuant to the Antero Resources Corporation Long-Term Incentive Plan, the Issuer withheld shares that would otherwise have been issued to the Reporting Person to satisfy its tax withholding obligations. The number of shares withheld was determined based on the closing price per share on April 15, 2019.
- [F2]Includes 14,325 shares of common stock subject to previously granted restricted stock unit awards that remain subject to vesting.
- [F3]Each performance share unit ("PSU") represents a contingent right to receive one share of common stock of the Issuer.
- [F4]The PSUs vest on April 15, 2022 based upon the Issuer's achievement of absolute total shareholder return goals. Depending on the level of achievement of such goals, the actual number of PSUs earned could range from 0% to 200% of the target number of PSUs, as shown in columns 5 and 6.