SEC Form 4 · accession 0001539838-15-000061

Diamondback Energy, Inc. · FANG

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

Reporting owner

Officer — VP - Operations

Period of report

Oct 12, 2015

Accepted (ET)

Oct 13, 2015 · 5:52 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^F2	Oct 12, 2015	S	3,630	$75.7872	D	12,134	D
Common Stock	Oct 12, 2015	M	25,000	$17.50	A	37,134	D
Common Stock^F3	Oct 12, 2015	S	19,662	$75.6757	D	17,472	D
Common Stock^F4	Oct 12, 2015	S	5,338	$76.3692	D	12,134	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Option (right to buy)^F5	$17.50	Oct 12, 2015	M	25,000	D	—	Sep 30, 2016	Common Stock	25,000	0	D

F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 10, 2015.
F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.52 to $76.30, 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, 3 and 4 of this Form 4.
F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.20 to $76.18, inclusive.
F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $76.20 to $76.55, inclusive.
F5All of these options to purchase 25,000 shares of common stock of the issuer vested on September 30, 2015.