0001104659-22-047471.txt : 20220419
0001104659-22-047471.hdr.sgml : 20220419
20220419195031
ACCESSION NUMBER: 0001104659-22-047471
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220415
FILED AS OF DATE: 20220419
DATE AS OF CHANGE: 20220419
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Kennedy Michael N.
CENTRAL INDEX KEY: 0001477679
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36120
FILM NUMBER: 22836050
MAIL ADDRESS:
STREET 1: 707 - 17TH STREET
STREET 2: SUITE 3600
CITY: DENVER
STATE: CO
ZIP: 80202
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: ANTERO RESOURCES Corp
CENTRAL INDEX KEY: 0001433270
STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311]
IRS NUMBER: 800162034
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1615 WYNKOOP STREET
CITY: DENVER
STATE: CO
ZIP: 80202
BUSINESS PHONE: 303-357-7325
MAIL ADDRESS:
STREET 1: 1615 WYNKOOP STREET
CITY: DENVER
STATE: CO
ZIP: 80202
FORMER COMPANY:
FORMER CONFORMED NAME: ANTERO RESOURCES APPALACHIAN CORP
DATE OF NAME CHANGE: 20100209
FORMER COMPANY:
FORMER CONFORMED NAME: ANTERO RESOURCES BARNETT CORP
DATE OF NAME CHANGE: 20080424
4
1
tm2213042-3_4seq1.xml
OWNERSHIP DOCUMENT
X0306
4
2022-04-15
0
0001433270
ANTERO RESOURCES Corp
AR
0001477679
Kennedy Michael N.
1615 WYNKOOP STREET
DENVER
CO
80202
0
1
0
0
See Remarks
Common stock, par value $0.01 per share
2022-04-15
4
F
0
5775
35.28
D
1001187
D
Common stock, par value $0.01 per share
2022-04-15
4
A
0
46060
0.00
A
1047247
D
Performance Share Units
2022-04-15
4
A
0
23030
0.00
A
Common Stock, par value $0.01
23030
23030
D
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 "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 14, 2022.
Includes 485,696 shares of Common Stock subject to previously granted RSUs that remain subject to vesting.
Reflects the grant of restricted stock units pursuant to the Plan which vest as to 1/3 of the total amount granted on each of the first three anniversaries of April 15, 2022, subject to continued employment through each vesting date.
Includes 531,756 shares of Common Stock subject to previously granted RSUs that remain subject to vesting.
Each performance share unit ("PSU") represents a contingent right to receive one share of Common Stock.
Vesting of the PSUs granted on April 15, 2022 is contingent upon the achievement of a performance and service requirement. The performance component measures absolute total shareholder return over each of four performance periods: Performance Period One beginning on the grant date and ending on April 15, 2023, Performance Period Two beginning on April 15, 2023 and ending on April 15, 2024, Performance Period Three beginning on April 15, 2024 and ending on April 15, 2025, and Performance Period Four beginning on the grant date and ending on April 15, 2025.
The performance component for one quarter of the PSUs is determined following the completion of each respective performance period. Depending on the level of achievement of such goals, the actual number of PSUs earned could range from 0% to 200% of the target number of PSUs, as shown in column 5. Irrespective of the performance achieved during each performance period, the PSUs generally will not vest unless the Reporting Person also remains continuously employed from the grant date through April 15, 2025.
Chief Financial Officer and Senior Vice President - Finance
/s/ Yvette K. Schultz, as attorney-in-fact for Michael N. Kennedy
2022-04-19