SEC Form 4 · accession 0001602065-18-000037
Viper Energy Partners LP · VNOM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matthew Kaes Van't Hof
Officer — President
Period of report
Sep 14, 2018
Accepted (ET)
Sep 18, 2018 · 4:56 pm EDT
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 interests | Sep 14, 2018 | M | 7,600 | $18.49 | A | 72,473 | D | |
| Common Units representing limited partner interestsF1 | Sep 14, 2018 | S | 14,800 | $38.7103 | D | 57,673 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Unit Option (right to buy)F2 | $18.49 | Sep 14, 2018 | M | 7,600 | D | — | Dec 31, 2018 | Common Units representing limited partner interests | 7,600 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average sale price. These common units were sold in multiple transactions at prices ranging from $38.58 to $38.99 inclusive. The reporting person undertakes to provide to Viper Energy Partners LP, any unitholder of Viper Energy Partners LP, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of common units sold at each separate price within the range set forth in this footnote.
- F2All of these options to purchase 7,600 shares of common units of the issuer were vested at the time of exercise.