Form 4 for AR ANTERO RESOURCES Corp

Accepted 2023-05-11 00:00:00 ET · period of report 2023-05-09 · accession 0001104659-23-059271 · 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
	2023-05-11	2023-05-09	AR	Schultz Yvette K	See Remarks	A - Grant	$0.00	+11.8K	230.1K	+5%	$0

Purchase Sale Sale after option exercise All abbreviations

#	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	2023-05-09	A	A	11,810	$0.00	230,138	D	—	—	(F1) On May 9, 2023, the Compensation Committee (the "Compensation Committee") of Antero Resources Corp. (the "Issuer") certified the Issuer's net debt to adjusted EBITDAX multiple over the first performance period, which ran from January 1, 2022 through December 31, 2022, at the maximum level, resulting in 33% of the performance share units ("PSUs") originally granted on April 15, 2022 that vest based on the Issuer's net debt to adjusted EBITDAX multiple becoming earned at 200% of the target amount granted. These PSUs remain outstanding and subject to service-based vesting requirements until December 31, 2024. (F2) Includes 146,600 shares of common stock of the Issuer ("Common Stock") subject to previously granted restricted stock unit awards and 11,810 shares of Common Stock subject to previously granted PSUs, in each case, that remain subject to service-based vesting.