SEC Form 4 · accession 0001209191-15-027465

Diamondback Energy, Inc. · FANG

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

Reporting owner

Officer — CFO, Sr. VP

Period of report

Mar 16, 2015

Accepted (ET)

Mar 18, 2015 · 4:18 pm EDT

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	Mar 16, 2015	M	1,707	$17.50	A	23,286	D
Common Stock	Mar 16, 2015	S	1,707	$70.00	D	21,579	D
Common Stock	Mar 17, 2015	M	793	$17.50	A	22,372	D
Common Stock^F3	Mar 17, 2015	S	793	$70.089	D	21,579	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	Mar 16, 2015	M	1,707	D	—	Sep 1, 2016	Common Stock	1,707	18,303	D
Stock Option (right to buy)^F2	$17.50	Mar 17, 2015	M	793	D	—	Sep 1, 2016	Common Stock	793	17,510	D

F1All of these options to purchase 1,707 shares of common stock of the issuer were vested at the time of exercise. Of the remaining options to purchase 18,303 shares of common stock of the issuer, options to purchase 5,803 shares of common stock are vested and options to purchase 12,500 shares of common stock will vest on September 1, 2015.
F2All of these options to purchase 793 shares of common stock of the issuer were vested at the time of exercise. Of the remaining options to purchase 17,510 shares of common stock of the issuer, options to purchase 5,010 shares of common stock are vested and options to purchase 12,500 shares of common stock will vest on September 1, 2015.
F3The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $70.00 per share to $70.38 per share, 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 range set forth in this footnote (3).