Form 4 for AR ANTERO RESOURCES Corp
Accepted 2024-05-16 00:00:00 ET · period of report 2024-05-14 · accession 0001104659-24-062609 · 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 | 2024-05-16 | 2024-05-14 | AR | Schultz Yvette K | See Remarks | M - OptEx | $0.00 | +8,858 | 298.4K | +3% | $0 |
| D | 2024-05-16 | 2024-05-14 | AR | Schultz Yvette K | See Remarks | M - OptEx | — | -8,858 | 8,857 | -50% | — |
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 | 2024-05-14 | M | A | 8,858 | $0.00 | 298,363 | D | — | — | (F2) On May 14, 2024, the Compensation Committee of the Issuer certified the Issuer's absolute total shareholder return ("TSR") over the second performance period, which ran from April 15, 2023 through April 15, 2024, at the maximum level, resulting in 25% of the PSUs originally granted on April 15, 2022 that vest based on the Issuer's absolute TSR becoming earned at 200% of the target amount granted. These PSUs remain outstanding and subject to service-based vesting requirements until April 15, 2025. (F1) Includes 125,991 shares of common stock ("Common Stock") of Antero Resources Corp. (the "Issuer") subject to previously granted restricted stock unit awards ("RSUs") and 61,860 shares of Common Stock subject to previously granted performance share units ("PSUs"), in each case, that remain subject to service-based vesting. |
| 2 | Derivative | Performance Share Unit | 2024-05-14 | M | D | 8,858 | — | 8,857 | D | — · — to — | 8,858 Common stock, par value $0.01 per share | (F2) On May 14, 2024, the Compensation Committee of the Issuer certified the Issuer's absolute total shareholder return ("TSR") over the second performance period, which ran from April 15, 2023 through April 15, 2024, at the maximum level, resulting in 25% of the PSUs originally granted on April 15, 2022 that vest based on the Issuer's absolute TSR becoming earned at 200% of the target amount granted. These PSUs remain outstanding and subject to service-based vesting requirements until April 15, 2025. |