SEC Form 4 · accession 0001209191-15-017889

Diamondback Energy, Inc. · FANG

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — VP Drilling

Period of report

Feb 20, 2015

Accepted (ET)

Feb 24, 2015 · 4:59 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001539838

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I
Common Stock	Feb 20, 2015	M	10,000	$17.50	A	45,919	D
Common Stock^F2	Feb 20, 2015	S	5,400	$75.1308	D	40,519	D
Common Stock^F3	Feb 20, 2015	S	4,500	$75.6712	D	36,019	D
Common Stock	Feb 20, 2015	S	100	$76.505	D	35,919	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Option (right to buy)^F1	$17.50	Feb 20, 2015	M	10,000	D	—	Sep 12, 2016	Common Stock	10,000	28,345	D

F1All of these options to purchase 10,000 shares of common stock of the issuer were vested at the time of exercise. Of the remaining options to purchase 28,345 shares of common stock of the issuer, options to purchase 3,345 shares of common stock are vested, and options to purchase 25,000 shares of common stock will vest on September 12, 2015.
F2The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $74.480 to $75.470, inclusive. The reporting person undertakes to provide to Diamondback Energy, Inc., any security holder of Diamondback Energy, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) and (3) of this Form 4.
F3The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $75.500 to $76.380, inclusive.