Antero Resources Reports Director Changes & Compensation Updates

TL;DR

Antero Resources filed an 8-K detailing director changes and compensation updates.

AI Summary

Antero Resources Corporation filed an 8-K on June 6, 2024, reporting on several key events. These include the departure of a director, the election of new directors, and updates to executive compensation arrangements. The filing also covers the submission of matters to a vote of security holders and the inclusion of financial statements and exhibits.

Why It Matters

Changes in board composition and executive compensation can signal shifts in company strategy and governance, potentially impacting investor confidence and future performance.

Risk Assessment

Risk Level: low — This filing is routine corporate governance and disclosure, not indicating immediate financial distress or significant operational changes.

Key Players & Entities

• Antero Resources Corporation (company) — Registrant
• June 5, 2024 (date) — Earliest event reported date
• June 6, 2024 (date) — Filing date

FAQ

Key Financial Figures

• $0.01 — ichregistered Common Stock, par value $0.01 Per Share AR New York Stock Exchang

Filing Documents

• tm2416662d1_8k.htm (8-K) — 42KB
• tm2416662d1_ex10-1.htm (EX-10.1) — 143KB
• 0001104659-24-069133.txt ( ) — 387KB
• ar-20240605.xsd (EX-101.SCH) — 3KB
• ar-20240605_lab.xml (EX-101.LAB) — 33KB
• ar-20240605_pre.xml (EX-101.PRE) — 22KB
• tm2416662d1_8k_htm.xml (XML) — 3KB

02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers;

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On April 17, 2024, the board of directors (the "Board") of Antero Resources Corporation (the "Company") approved, subject to stockholder approval, the Amended and Restated Antero Resources Corporation 2020 Long Term Incentive Plan (the "Amended AR LTIP"), to increase the number of shares of the Company's common stock available for issuance under the Amended AR LTIP by 4,866,100 shares and extend the term of the Amended AR LTIP until June 5, 2034. The additional shares of the Company's common stock authorized to be delivered under the Amended AR LTIP will be registered pursuant to a registration statement on Form S-8. As further described below under Item 5.07 of this Current Report on Form 8-K, on June 5, 2024, at the Company's 2024 annual meeting of stockholders (the "Annual Meeting"), the stockholders approved the Amended AR LTIP, and it became effective as of June 5, 2024. The summary of the Amended AR LTIP in this Current Report on Form 8-K does not purport to be a complete description of all provisions of the Amended AR LTIP and is qualified in its entirety by reference to the full text of the Amended AR LTIP, which is filed herewith as Exhibit 10.1 and incorporated into this

02 by reference

Item 5.02 by reference.

07 Submission of Matters to a Vote of Security Holders

Item 5.07 Submission of Matters to a Vote of Security Holders. At the Annual Meeting, the Company's stockholders were requested to (i) elect two Class II members of the Board to serve until the Company's 2027 annual meeting of stockholders; (ii) ratify the appointment of KPMG LLP as the Company's independent registered public accounting firm for the year ending December 31, 2024; (iii) approve, on an advisory basis, the compensation of the Company's named executive officers; and (iv) approve the Amended AR LTIP. Each of these items is more fully described in the Company's definitive proxy statement, which was filed with the Securities and Exchange Commission on April 25, 2024. The results of the matters voted upon at the Annual Meeting are as follows: Proposal No. 1 - Election of Class II Directors : Votes regarding the persons elected as Class II directors were as follows: Nominee For Withheld Broker Non-Votes W. Howard Keenan, Jr. 136,334,980 116,284,727 23,384,689 Jacqueline C. Mutschler 170,271,371 82,348,336 23,384,689 Proposal No. 2 — Ratification of the Appointment of KPMG LLP : The voting results were as follows: For Against Abstain 273,495,557 2,404,161 104,678 Proposal No. 3 — Approval, on an Advisory Basis, of the Compensation of the Company's Named Executive Officers : The voting results were as follows: For Against Abstain Broker Non-Votes 171,284,425 80,035,913 1,299,369 23,384,689 Proposal No. 4 — Approval of the Amended AR LTIP : The voting results were as follows: For Against Abstain Broker Non-Votes 247,654,669 4,790,458 174,580 23,384,689 2

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 10.1 Amended and Restated Antero Resources Corporation 2020 Long Term Incentive Plan, dated June 5, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 3

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ANTERO RESOURCES CORPORATION By: /s/ Michael N. Kennedy Michael N. Kennedy Chief Financial Officer and Senior Vice President –Finance Dated: June 6, 2024

View Full Filing

View this 8-K filing on SEC EDGAR