SEC Form 4 · accession 0001539838-18-000029
Diamondback Energy, Inc. · FANG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael L. Hollis
Officer — President and COO
Period of report
Feb 16, 2018
Accepted (ET)
Feb 21, 2018 · 5:31 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,F2 | Feb 16, 2018 | S | 10,542 | $124.4012 | D | 122,425 | I | By MBH Investments, Ltd. |
| Common StockF3,F2 | Feb 16, 2018 | S | 9,793 | $125.1047 | D | 112,632 | I | By MBH Investments, Ltd. |
| Common StockF4,F2 | Feb 16, 2018 | S | 9,410 | $126.2183 | D | 103,222 | I | By MBH Investments, Ltd. |
Table II — derivative securities
No Table II lines on this filing.
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 $123.78 per share to $124.77 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 footnotes 1, 3 and 4 of this Form 4.
- F2These securities are held by MBH Investments, Ltd., which is managed by MBH Financial, LLC, its general partner. Mr. Hollis, his spouse, and the Hollis 2014 Irrevocable Trust hold 100% of the membership interests in MBH Financial, LLC, of which Mr. Hollis is the manager.
- F3The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $124.79 per share to $125.77 per share, inclusive.
- F4The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $125.79 per share to $126.65 per share, inclusive.