SEC Form 4 · accession 0001539838-17-000019
Diamondback Energy, Inc. · FANG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul Molnar
Officer — VP Geoscience
Period of report
Feb 16, 2017
Accepted (ET)
Feb 21, 2017 · 6:40 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 16, 2017 | A | 14,666 | $0.00 | A | 45,126 | D | |
| Common StockF2 | Feb 16, 2017 | A | 11,700 | $0.00 | A | 56,826 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These securities are performance based restricted stock units for the performance period January 1, 2014 to December 31, 2016 that were granted under the issuer's equity incentive plan. All of these performance based restricted stock units vested as of December 31, 2016 upon certification by the issuer's compensation committee of attainment of the applicable performance conditions on February 16, 2017.
- F2These securities are restricted stock units that were granted under the issuer's equity incentive plan. 3,900 of these restricted stock units vested on February 16, 2017, and the remaining 7,800 restricted stock units will vest in two equal annual installments beginning on February 16, 2018.