Form 4 for AR ANTERO RESOURCES Corp
Accepted 2022-04-21 00:00:00 ET · period of report 2022-04-20 · accession 0001104659-22-048535 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-04-21 | 2022-04-20 | AR | Schultz Yvette K | See Remarks | M - OptEx | — | +46.6K | 170.8K | +37% | — |
| D | 2022-04-21 | 2022-04-20 | AR | Schultz Yvette K | See Remarks | F - Tax | $36.39 | -20.5K | 150.4K | -12% | -$745.3K |
| D | 2022-04-21 | 2022-04-20 | AR | Schultz Yvette K | See Remarks | M - OptEx | — | -46.6K | 0 | -100% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common stock, par value $0.01 per share | 2022-04-20 | M | A | 46,566 | — | 170,842 | D | — | — | (F1) Each performance share unit ("PSU") represented a contingent right to receive one share of common stock ("Common Stock") of Antero Resources Corporation (the "Issuer"). On April 20, 2022, the Compensation Committee of the Issuer certified performance with respect to these PSUs originally granted on April 15, 2019, which vested at 200% of the original target number of PSUs granted based on the Issuer's absolute total shareholder return over a three-year period. (F2) Includes 104,340 shares of Common Stock subject to previously granted RSUs that remain subject to vesting. |
| 2 | Common | Common stock, par value $0.01 per share | 2022-04-20 | F | D | 20,480 | $36.39 | 150,362 | D | — | — | (F3) In connection with the vesting and settlement of PSUs through the issuance of Common Stock pursuant to the Antero Resources Corporation Long-Term Incentive Plan, the Issuer withheld Common Stock that would otherwise have been issued to the Reporting Person to satisfy their tax withholding obligations. The number of shares of Common Stock withheld was determined based on the closing price per share of Common Stock on April 20, 2022. (F2) Includes 104,340 shares of Common Stock subject to previously granted RSUs that remain subject to vesting. |
| 3 | Derivative | Performance Share Units | 2022-04-20 | M | D | 46,566 | — | 0 | D | — · — to — | 46,566 Common Stock, par value $0.01 | (F1) Each performance share unit ("PSU") represented a contingent right to receive one share of common stock ("Common Stock") of Antero Resources Corporation (the "Issuer"). On April 20, 2022, the Compensation Committee of the Issuer certified performance with respect to these PSUs originally granted on April 15, 2019, which vested at 200% of the original target number of PSUs granted based on the Issuer's absolute total shareholder return over a three-year period. |