SEC Form 4 · accession 0001104659-15-014557
RSP Permian, Inc. · RSPP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ted Collins Jr.
Director · 10% Owner
Period of report
Feb 24, 2015
Accepted (ET)
Feb 26, 2015 · 5:42 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001588216
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Feb 24, 2015 | S | 19,100 | $27.45 | D | 9,266,026 | D | |
| Common StockF2,F3 | Feb 24, 2015 | S | 1,900 | $28.14 | D | 9,264,126 | D | |
| Common StockF2,F4 | Feb 25, 2015 | S | 1,300 | $27.92 | D | 9,262,826 | D | |
| Common StockF2,F5 | Feb 25, 2015 | S | 15,800 | $28.60 | D | 9,247,026 | D | |
| Common StockF2,F6 | Feb 25, 2015 | S | 3,900 | $29.10 | D | 9,243,126 | D | |
| Common StockF7 | holding | — | — | — | 1,000 | I | By spouse | |
| Common StockF8 | holding | — | — | — | 2,166,152 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On February 24, 2015, pursuant to a plan of disposition adopted in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934 (the "10b5-1 Plan"), Mr. Collins sold 19,100 shares in multiple trades at prices ranging from $27.09 to $27.99. The price reported above reflects the weighted average sale price. Mr. Collins hereby undertakes to provide to the Securities and Exchange Commission staff (the "Staff"), the issuer or any security holder of the issuer, upon request, full information regarding the number of shares and prices at which the transaction was effected.
- F2The first sale under the 10b5-1 Plan was on December 29, 2014 and the 10b5-1 Plan provides for twice-monthly sales of Mr. Collins' shares at or above a minimum share price of $26.00 per share on randomly pre-determined dates. No more than 500,000 shares may be sold in the aggregate under the 10b5-1 Plan and no more than 100,000 shares may be sold in any month. The 10b5-1 Plan terminates no later than November 24, 2015, regardless of whether the maximum of 500,000 shares in the aggregate have been sold.
- F3On February 24, 2015, pursuant to the 10b5-1 Plan, Mr. Collins sold 1,900 shares in multiple trades at prices ranging from $28.00 to $28.30. The price reported above reflects the weighted average sale price. Mr. Collins hereby undertakes to provide to the Staff, the issuer or any security holder of the issuer, upon request, full information regarding the number of shares and prices at which the transaction was effected.
- F4On February 25, 2015, pursuant to the 10b5-1 Plan, Mr. Collins sold 1,300 shares in multiple trades at prices ranging from $27.86 to $27.99. The price reported above reflects the weighted average sale price. Mr. Collins hereby undertakes to provide to the Staff, the issuer or any security holder of the issuer, upon request, full information regarding the number of shares and prices at which the transaction was effected.
- F5On February 25, 2015, pursuant to the 10b5-1 Plan, Mr. Collins sold 15,800 shares in multiple trades at prices ranging from $28.00 to $28.99. The price reported above reflects the weighted average sale price. Mr. Collins hereby undertakes to provide to the Staff, the issuer or any security holder of the issuer, upon request, full information regarding the number of shares and prices at which the transaction was effected.
- F6On February 25, 2015, pursuant to the 10b5-1 Plan, Mr. Collins sold 3,900 shares in multiple trades at prices ranging from $29.00 to $29.22. The price reported above reflects the weighted average sale price. Mr. Collins hereby undertakes to provide to the Staff, the issuer or any security holder of the issuer, upon request, full information regarding the number of shares and prices at which the transaction was effected.
- F7These securities are held of record by Mr. Collins' spouse. Mr. Collins disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
- F8These securities are held of record by Collins & Wallace Holdings, LLC. Mr. Collins and Wallace Family Partnership, LP are the members of Collins & Wallace Holdings, LLC. Accordingly, Mr. Collins may be deemed to share voting and dispositive power over the reported securities of Collins & Wallace Holdings, LLC, and as a result may be deemed to beneficially own the reported securities of Collins & Wallace Holdings, LLC. Mr. Collins disclaims beneficial ownership of the reported securities in excess of his pecuniary interests therein.