Form 4 for AR ANTERO RESOURCES Corp
Accepted 2025-05-08 00:00:00 ET · period of report 2025-05-06 · accession 0001104659-25-046252 · 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 | 2025-05-08 | 2025-05-06 | AR | RADY PAUL M | See Remarks, Dir | M - OptEx | $0.00 | +40.3K | 11.92M | +0.3% | $0 |
| D | 2025-05-08 | 2025-05-06 | AR | RADY PAUL M | See Remarks, Dir | F - Tax | $35.50 | -32.5K | 11.89M | -0.3% | -$1.15M |
| D | 2025-05-08 | 2025-05-06 | AR | RADY PAUL M | See Remarks, Dir | M - OptEx | — | -40.3K | 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 | 2025-05-06 | M | A | 40,303 | $0.00 | 11,922,503 | D | — | — | (F2) On May 6, 2025, the Compensation Committee also certified the Issuer's absolute TSR performance over the fourth performance period, which ran from April 15, 2022 through April 15, 2025, in between floor and target levels, resulting in 25% of the PSUs originally granted on April 15, 2022 that vest based on absolute TSR becoming earned at 39.49% of the target amount granted over such fourth performance period. The service-based vesting requirements applicable to the PSUs originally granted on April 15, 2022 that vest based on absolute TSR were satisfied as of April 15, 2025 and the awards will be settled in connection with the Compensation Committee's certification of performance. (F1) On May 6, 2025, the Compensation Committee (the "Compensation Committee") of Antero Resources Corp. (the "Issuer") certified the Issuer's absolute total shareholder return ("TSR") performance over the third performance period, which ran from April 15, 2024 through April 15, 2025, at the maximum level, resulting in 25% of the target number of performance share units ("PSUs") originally granted on April 15, 2022 that vest based on absolute TSR becoming earned at 200% of the target amount granted over such third performance period. (F3) Includes 383,893 shares of common stock of the Issuer ("Common Stock") subject to previously granted restricted stock unit awards ("RSUs") and 399,126 shares of Common Stock subject to previously granted PSUs, in each case, that remain subject to service-based vesting. |
| 2 | Common | Common stock, par value $0.01 per share | 2025-05-06 | F | D | 32,530 | $35.50 | 11,889,973 | D | — | — | (F4) In connection with the vesting and settlement of the PSUs originally granted on April 15, 2022 through the issuance of Common Stock pursuant to the Antero Resources Corporation 2020 Long-Term Incentive Plan, the Issuer withheld Common Stock that would have otherwise 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 May 6, 2025. (F3) Includes 383,893 shares of common stock of the Issuer ("Common Stock") subject to previously granted restricted stock unit awards ("RSUs") and 399,126 shares of Common Stock subject to previously granted PSUs, in each case, that remain subject to service-based vesting. |
| 3 | Derivative | Performance Share Unit | 2025-05-06 | M | D | 40,303 | — | 0 | D | — · — to — | 40,303 Common stock, par value $0.01 per share | (F2) On May 6, 2025, the Compensation Committee also certified the Issuer's absolute TSR performance over the fourth performance period, which ran from April 15, 2022 through April 15, 2025, in between floor and target levels, resulting in 25% of the PSUs originally granted on April 15, 2022 that vest based on absolute TSR becoming earned at 39.49% of the target amount granted over such fourth performance period. The service-based vesting requirements applicable to the PSUs originally granted on April 15, 2022 that vest based on absolute TSR were satisfied as of April 15, 2025 and the awards will be settled in connection with the Compensation Committee's certification of performance. (F1) On May 6, 2025, the Compensation Committee (the "Compensation Committee") of Antero Resources Corp. (the "Issuer") certified the Issuer's absolute total shareholder return ("TSR") performance over the third performance period, which ran from April 15, 2024 through April 15, 2025, at the maximum level, resulting in 25% of the target number of performance share units ("PSUs") originally granted on April 15, 2022 that vest based on absolute TSR becoming earned at 200% of the target amount granted over such third performance period. |