SEC Form 4 · accession 0001539838-16-000147
Diamondback Energy, Inc. · FANG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Elizabeth Moses
Officer — VP Land
Period of report
Feb 25, 2016
Accepted (ET)
Feb 29, 2016 · 4:26 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 Stock | Feb 25, 2016 | M | 5,127 | $22.70 | A | 32,366 | D | |
| Common StockF1 | Feb 25, 2016 | S | 5,127 | $72.063 | D | 27,239 | 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 | $22.70 | Feb 25, 2016 | M | 5,127 | D | — | Jan 31, 2018 | Common Stock | 5,127 | 19,873 | 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 $72.00 per share to $72.23 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 5,127 shares of common stock of the issuer were vested at the time of exercise. Of the remaining options to purchase 19,873 shares of common stock of the issuer, options to purchase 7,373 shares of common stock vested on February 1, 2016, and options to purchase 12,500 shares of common stock will vest on February 1, 2017.