SEC Form 4 · accession 0001539838-16-000138
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
Feb 19, 2016
Accepted (ET)
Feb 23, 2016 · 4:44 pm EST
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 StockF1 | Feb 19, 2016 | A | 14,160 | $0.00 | A | 41,750 | D | |
| Common StockF2 | Feb 19, 2016 | S | 5,000 | $70.1255 | D | 36,750 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These securities are performance based restricted stock units that were granted under the issuer's 2012 Equity Incentive Plan for the performance period January 1, 2013 to December 31, 2015. All of these performance based restricted stock units vested as of December 31, 2015 upon certification by the issuer's compensation committee of attainment of the applicable performance conditions and settlement of these units on February 19, 2016.
- F2The 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 $70.33 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.