SEC Form 4 · accession 0001588216-17-000004
RSP Permian, Inc. · RSPP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Zane W. Arrott
Officer — Chief Operating Officer
Period of report
Jan 4, 2017
Accepted (ET)
Jan 6, 2017 · 6:21 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 Stock | Jan 4, 2017 | A | 38,000 | $0.00 | A | 132,789 | D | |
| Common Stock | Jan 4, 2017 | F | 12,900 | $0.00 | D | 119,889 | D | |
| Common StockF3 | holding | — | — | — | 374,300 | I | By family limited partnership |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These securities are performance based restricted stock awards issued under the issuer's 2014 Long Term Incentive Plan. All of these performance based restricted shares vested after the time-based vesting schedule was met on December 31, 2016 and upon certification by the issuer's Compensation Committee of attainment of the applicable performance conditions and adjustment of the target number of shares on January 4, 2017.
- F2Withheld for the payment of tax liabilities in connection with the vesting of a restricted stock grant issued in accordance with Rule 16b-3.
- F3Mr. Arrott is a general partner of Arrott Family Holdings, L.P. and therefore may be deemed to indirectly beneficially own these securities. Mr. Arrott disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.