Lancaster David E 4
4 · Matador Resources Co · Filed Jan 21, 2021
Insider Transaction Report
Form 4
Lancaster David E
EVP, COO and CFO
Transactions
- Disposition to Issuer
Employee Stock Option
2021-01-19$1.46/sh−62,137$90,720→ 0 totalExercise: $15.00Exp: 2021-02-18→ Common Stock (62,137 underlying)
Footnotes (2)
- [F1]The employee stock options vested on the third anniversary of the date of grant, February 19, 2019.
- [F2]The employee stock options were cancelled by mutual agreement of the reporting person and the Issuer. The reporting person received $1.46 per share for the cancellation of the in-the-money options, equaling the positive difference between the closing price of the Issuer's common stock on the date of cancellation and the exercise price of the options.