0001104659-23-030692.txt : 20230309
0001104659-23-030692.hdr.sgml : 20230309
20230309182237
ACCESSION NUMBER: 0001104659-23-030692
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230307
FILED AS OF DATE: 20230309
DATE AS OF CHANGE: 20230309
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: 23721086
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
tm239038-2_4seq1.xml
OWNERSHIP DOCUMENT
X0306
4
2023-03-07
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
2023-03-07
4
A
0
82819
0.00
A
1104360
D
Performance Share Units
2023-03-07
4
A
0
41409
0.00
A
Common stock, par value $0.01 per share
41409
41409
D
Reflects the grant of restricted stock units ("RSUs") pursuant to the Antero Resources Corporation 2020 Long Term Incentive Plan (the "Plan") which vest as to 1/3 of the total amount granted on each of the first three anniversaries of March 7, 2023, generally subject to continued employment through each vesting date.
Includes 217,142 shares of common stock ("Common Stock") of Antero Resources Corporation (the "Issuer") subject to RSU awards and 30,636 performance share units ("PSUs") in respect of which performance has been certified, in each case that remain subject to service-based vesting.
Each PSU represents a contingent right to receive one share of Common Stock.
Vesting of the PSUs granted on March 7, 2023 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 March 7, 2023 and ending on March 7, 2024, Performance Period Two beginning on March 7, 2024 and ending on March 7, 2025, Performance Period Three beginning on March 7, 2025 and ending on March 7, 2026, and Performance Period Four beginning on March 7, 2023 and ending on March 7, 2026.
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 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 March 7, 2026.
Chief Financial Officer and Senior Vice President - Finance
/s/ Yvette K. Schultz, as attorney-in-fact for Michael N. Kennedy
2023-03-09