SEC Form 4 · accession 0001594466-17-000027
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 16, 2017
Accepted (ET)
Feb 17, 2017 · 4:59 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 16, 2017 | A | 51,789 | $0.00 | A | 12,909,224 | D | |
| Class A common stockF2 | holding | — | — | — | 1,711,269 | I | By Sheffield Energy Management, LLC | |
| Class B common stockF3 | holding | — | — | — | 20,716,573 | 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 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
Chairman and Chief Executive Officer