W. Patrick Ash - 15 Apr 2022 Form 4 Insider Report for Antero Midstream Corp (AM)

Role
Senior Vice President - Reserves, Planning and Midstream
Signature
/s/ Yvette K. Schultz, as attorney-in-fact for W. Patrick Ash
Issuer symbol
AM
Transactions as of
15 Apr 2022
Net transactions value
-$159,928
Form type
4
Filing time
19 Apr 2022, 20:06:01 UTC
Previous filing
24 Jan 2022
Next filing
21 Apr 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AM Common stock, par value $0.01 per share Tax liability $159,928 -14,178 -4.8% $11.28 280,784 15 Apr 2022 Direct F1, F2
transaction AM Common stock, par value $0.01 per share Award $0 +172,872 +62% $0.000000 453,656 15 Apr 2022 Direct F3, F4
* 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 through the issuance of common stock ("Common Stock") of Antero Midstream Corporation (the "Issuer") pursuant to the Antero Midstream Corporation 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.
F2 Includes 166,374 shares of Common Stock subject to previously granted restricted stock unit awards that remain subject to vesting.
F3 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.
F4 Includes 339,246 shares of Common Stock subject to previously granted restricted stock unit awards that remain subject to vesting.

Remarks:

Senior Vice President - Reserves, Planning and Midstream