SEC Form 4 · accession 0000899243-18-004904
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 19, 2018
Accepted (ET)
Feb 21, 2018 · 6:24 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 19, 2018 | F | 26,430 | $23.46 | D | 11,343,563 | D | |
| Class A common stockF2 | holding | — | — | — | 1,711,269 | I | By Sheffield Energy Management | |
| Class B common stockF3 | holding | — | — | — | 20,716,573 | D | ||
| Class B common stockF3,F2 | holding | — | — | — | 1,802,178 | I | By Sheffield Energy Management |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The 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 time-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 16, 2018.
- 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
Chairman and Chief Executive Officer