SEC Form 4 · accession 0001602065-19-000012
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
Mar 1, 2019
Accepted (ET)
Mar 5, 2019 · 6:11 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 | Mar 1, 2019 | F | 3,896 | $0.00 | D | 112,448 | I | By Stice Investments, Ltd. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The issuer withheld units of common units 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 the second tranche of the phantom unit award (representing one third of the award) granted on February 13, 2018. The number of units of common units withheld was determined based on the closing price per unit of the issuer's common units on March 1, 2019.
- 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.