SEC Form 4 · accession 0000899243-16-013979
Parsley Energy, Inc. · PE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bryan Sheffield
Officer — See Remarks · Director · 10% Owner
Period of report
Feb 18, 2016
Accepted (ET)
Feb 22, 2016 · 6:01 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 | 67,065 | $0.00 | A | 12,448,510 | D | |
| Class A common stockF2 | holding | — | — | — | 1,711,269 | I | By Sheffield Energy Management, LLC | |
| Class B common stockF3 | holding | — | — | — | 22,716,573 | D | ||
| Class B common stockF3,F2 | holding | — | — | — | 1,802,178 | I | By Sheffield Energy Management, LLC |
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. Sheffield has voting and dispositive power over these shares.
- 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.
Remarks
Director, President and Chief Executive Officer