SEC Form 4 · accession 0000899243-16-013973
Parsley Energy, Inc. · PE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul Treadwell
Officer — Vice President-Operations
Period of report
Feb 18, 2016
Accepted (ET)
Feb 22, 2016 · 6:00 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001594466
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A common stockF1 | Feb 18, 2016 | A | 18,922 | $0.00 | A | 124,838 | D | |
| Class A common stockF2 | holding | — | — | — | 32,491 | I | By PLZ Properties, LLC | |
| Class B common stockF3 | holding | — | — | — | 768,805 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Restricted Stock Unit Award pursuant to the Parsley Energy, Inc. 2014 Long Term Incentive Plan. The award vests in full on the third anniversary of the grant date.
- F2Mr. Treadwell has voting and dispositive power over these shares but disclaims beneficial ownership over these shares in excess of his pecuniary interest in these shares. PLZ Properties, LLC is an entity owned by Mr. Treadwell and certain members of his family.
- F3Each share of Class B common stock has no economic rights but entitles its holder to one vote on all matters to be voted on by stockholders generally.