SEC Form 4 · accession 0000899243-16-017814
Parsley Energy, Inc. · PE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mike Hinson
Officer — Vice President-Land
Period of report
Apr 6, 2016
Accepted (ET)
Apr 8, 2016 · 4:30 pm EDT
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,F2 | Apr 6, 2016 | S | 7,500 | $23.08 | D | 864,153 | D | |
| Class A common stockF1,F3 | Apr 6, 2016 | S | 17,500 | $22.55 | D | 846,653 | D | |
| Class B common stockF4 | holding | — | — | — | 1,537,610 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Mr. Hinson.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.91 to $23.26, inclusive. The reporting person undertakes to provide to Parsley Energy, Inc., any security holder of Parsley 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 ranges set forth in footnotes (2) and (3) to this Form 4.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.97 to $22.90, inclusive.
- F4Each 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.