SEC Form 4 · accession 0001539838-15-000029
Diamondback Energy, Inc. · FANG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Teresa L. Dick
Officer — CFO, Sr. VP
Period of report
Jun 9, 2015
Accepted (ET)
Jun 10, 2015 · 4:39 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 | Jun 9, 2015 | M | 2,510 | $17.50 | A | 24,089 | D | |
| Common StockF1 | Jun 9, 2015 | S | 2,510 | $80.5307 | D | 21,579 | 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 | Jun 9, 2015 | M | 2,510 | D | — | Sep 1, 2016 | Common Stock | 2,510 | 12,500 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $80.50 per share to $80.56 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.
- F2All of these options to purchase 2,510 shares of common stock of the issuer were vested at the time of exercise.
- F3All of the remaining options to purchase 12,500 shares of common stock of the issuer will vest on September 1, 2015.