SEC Form 4 · accession 0000899243-18-003903

Parsley Energy, Inc. · PE

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — See Remarks

Period of report

Feb 12, 2018

Accepted (ET)

Feb 14, 2018 · 5:56 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
Class A common stock^F1	Feb 12, 2018	A	10,959	$0.00	A	442,028	D
Class A common stock^F2	Feb 12, 2018	A	38,804	$0.00	A	480,832	D
Class A common stock^F3	Feb 12, 2018	F	9,627	$22.80	D	471,205	D
Class B common stock^F4	holding	—	—		—	1,537,610	D

No Table II lines on this filing.

F1Represents a grant of time-based restricted stock pursuant to the Parsley Energy, Inc. 2014 Long Term Incentive Plan ("LTIP"). The award will vest in full on the third anniversary of the grant date.
F2Represents shares of Class A common stock earned pursuant to a performance-based restricted stock unit award granted on February 19, 2015, based upon attainment of the applicable performance conditions and adjustment of the target number of shares, as certified by the Compensation Committee on February 12, 2018.
F3The Issuer withheld shares of Class A common stock that would have otherwise been issuable to the reporting person to satisfy the Issuer's tax withholding obligations in connection with the vesting and settlement of the performance-based restricted stock units granted on February 19, 2015. The number of shares of Class A common stock withheld was determined based on the closing price of the Class A common stock on February 12, 2018.
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.

Senior Vice President-Corporate Development