SEC Form 4 · accession 0001539838-16-000157
Diamondback Energy, Inc. · FANG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Russell Pantermuehl
Officer — VP Reservoir Engineering
Period of report
Apr 13, 2016
Accepted (ET)
Apr 15, 2016 · 1:13 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 | Apr 13, 2016 | M | 4,000 | $17.50 | A | 81,514 | D | |
| Common StockF2 | Apr 13, 2016 | S | 4,905 | $81.0279 | D | 76,609 | D | |
| Common StockF3 | Apr 13, 2016 | S | 1,095 | $81.5352 | D | 75,514 | 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 | $17.50 | Apr 13, 2016 | M | 4,000 | D | — | Aug 15, 2016 | Common Stock | 4,000 | 0 | 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 sale price. These shares were sold in multiple transactions at prices ranging from $80.42 per share to $81.41 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 ranges set forth in footnotes 2 and 3 of this Form 4.
- F3The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $81.44 per share to $81.59 per share, inclusive.
- F4All of these options to purchase 4,000 shares of common stock of the issuer were vested at the time of exercise.