SEC Form 4 · accession 0001209191-15-045007
Diamondback Energy, Inc. · FANG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Travis D. Stice
Officer — Chief Executive Officer · Director
Period of report
May 18, 2015
Accepted (ET)
May 20, 2015 · 6:13 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 | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 18, 2015 | M | 25,000 | $17.50 | A | 120,777 | D | |
| Common StockF1 | May 18, 2015 | S | 24,900 | $78.7295 | D | 95,877 | D | |
| Common Stock | May 18, 2015 | S | 100 | $79.50 | D | 95,777 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F2,F3 | $17.50 | May 18, 2015 | M | 25,000 | D | — | Apr 18, 2016 | Common Stock | 25,000 | 50,000 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $78.50 to $79.46, 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.
- F2All of these options to purchase 25,000 shares of common stock of the issuer vested on April 18, 2015.
- F3The remaining options to purchase 50,000 shares of common stock vested on April 18, 2015.