SEC Form 4 · accession 0001209191-15-003394
Parsley Energy, Inc. · PE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bryan Sheffield
Officer — Director, President and CEO · Director · 10% Owner
Period of report
Jan 7, 2015
Accepted (ET)
Jan 9, 2015 · 4:30 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,F2,F3 | Jan 7, 2015 | S | 40,314 | $14.06 | D | 40,913 | I | By Marbella Interests, LLC |
| Class A common stockF1,F4,F3 | Jan 7, 2015 | S | 300 | $14.56 | D | 40,613 | I | By Marbella Interests, LLC |
| Class A common stock | holding | — | — | — | 13,326,200 | D | ||
| Class A common stockF5 | holding | — | — | — | 1,711,269 | I | By Sheffield Energy Management, LLC | |
| Class B common stockF6 | holding | — | — | — | 22,716,573 | D | ||
| Class B common stockF6,F4 | holding | — | — | — | 1,802,178 | I | By Sheffield Energy Management, LLC |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by Marbella Interests, LLC and Mr. Sheffield on November 19, 2014.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.545 to $14.500, 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 (4) to this Form 4.
- F3Mr. Sheffield has sole voting and dispositive power over these shares. Marbella Interests, LLC is an entity owned by Mr. Sheffield and certain members of his family.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.545 to $14.590, inclusive.
- F5Mr. Sheffield has voting and dispositive power over these shares.
- F6Each share of Class B common stock has no economic rights but entitles its holder to one vote on all matters to be coted on by stockholders generally.