SEC Form 4 · accession 0001539838-15-000065
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
Oct 19, 2015
Accepted (ET)
Oct 21, 2015 · 3:43 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 | Oct 19, 2015 | M | 9,401 | $17.50 | A | 105,178 | D | |
| Common StockF2 | Oct 19, 2015 | S | 8,401 | $75.3319 | D | 96,777 | D | |
| Common StockF3 | Oct 19, 2015 | S | 1,000 | $76.214 | D | 95,777 | D | |
| Common Stock | Oct 20, 2015 | M | 599 | $17.50 | A | 96,376 | D | |
| Common Stock | Oct 20, 2015 | S | 599 | $75.00 | 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)F4,F5 | $17.50 | Oct 19, 2015 | M | 9,401 | D | — | Apr 18, 2016 | Common Stock | 9,401 | 10,599 | D |
| Stock Option (right to buy)F6,F7 | $17.50 | Oct 20, 2015 | M | 599 | D | — | Apr 18, 2016 | Common Stock | 599 | 10,000 | D |
Explanation of responses
- F1The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.00 to $75.90, 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) to 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 $76.12 to $76.43, inclusive.
- F4All of these options to purchase 9,401 shares of common stock of the issuer were vested at the time of exercise.
- F5The remaining options to purchase 10,599 shares of common stock vested on April 18, 2015.
- F6All of these options to purchase 599 shares of common stock of the issuer were vested at the time of exercise.
- F7The remaining options to purchase 10,000 shares of common stock vested on April 18, 2015.