SEC Form 4 · accession 0000899243-18-004367
Viper Energy Partners LP · VNOM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Travis D. Stice
Officer — Chief Executive Officer · Director
Period of report
Feb 13, 2018
Accepted (ET)
Feb 15, 2018 · 9:41 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001602065
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Units representing limited partner interestsF1,F2 | Feb 13, 2018 | A | 48,033 | $0.00 | A | 116,344 | I | By Stice Investments, Ltd. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These securities are phantom units, each of which is the economic equivalent of one common unit representing a limited partner interest in the issuer. These phantom units were granted under the issuer's Long-Term Incentive Plan and will vest in three equal installments beginning on February 16, 2018.
- F2These securities are held by Stice Investments, Ltd., which is managed by Stice Management, LLC, its general partner. Mr. Stice and his spouse hold 100% of the membership interests in Stice Management, LLC, of which Mr. Stice is the manager.