Paul M. Rady - Apr 15, 2024 Form 4 Insider Report for ANTERO RESOURCES Corp (AR)

Signature
/s/ Yvette K. Shultz, as attorney-in-fact for Paul M. Rady
Stock symbol
AR
Transactions as of
Apr 15, 2024
Transactions value $
-$2,394,211
Form type
4
Date filed
4/17/2024, 06:34 PM
Previous filing
Mar 11, 2024
Next filing
May 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AR Common stock, par value $0.01 per share Tax liability -$2.39M -82.6K -0.71% $29.00 11.5M Apr 15, 2024 Direct F1, F2
holding AR Common stock, par value $0.01 per share 5.28M Apr 15, 2024 See Footnote F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 In connection with the vesting and settlement of restricted stock units ("RSUs") through the issuance of common stock ("Common Stock") of Antero Resources Corporation (the "Issuer") pursuant to the Antero Resources Corporation 2020 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 15, 2024.
F2 Includes 513,690 shares of Common Stock subject to RSU awards and 511,912 performance share units in respect of which performance has been certified, in each case that remain subject to service-based vesting.
F3 Includes 2,822,552 shares of Common Stock held by Salisbury Investment Holdings LLC ("Salisbury") and 2,461,712 shares of Common Stock held by Mockingbird Investments LLC ("Mockingbird"). The Reporting Person owns a 95% limited liability company interest in Salisbury and his spouse owns the remaining 5%. The Reporting Person owns a 13.1874% limited liability company interest in Mockingbird and two trusts under his control own the remaining 86.8126%. The Reporting Person disclaims beneficial ownership of all shares of Common Stock held by Salisbury and Mockingbird except to the extent of his pecuniary interest therein.

Remarks:

Chairman of the Board, Chief Executive Officer & President