Filing Details

Accession Number:
0001209191-14-053577
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-08-19 19:43:21
Reporting Period:
2014-08-15
Filing Date:
2014-08-19
Accepted Time:
2014-08-19 19:43:21
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1539838 Diamondback Energy Inc. FANG Crude Petroleum & Natural Gas (1311) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1559840 Paul Molnar 500 West Texas
Suite 1200
Midland TX 79701
Vp Geoscience No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2014-08-15 8,572 $0.00 22,364 No 4 M Direct
Common Stock Disposition 2014-08-15 3,050 $77.42 19,314 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Unit Disposition 2014-08-15 8,572 $0.00 8,572 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 M Direct
Footnotes
  1. Restricted stock units convert into common stock on a one-for-one basis.
  2. This number includes 13,792 restricted stock units that have not yet vested and settled, which were previously reported on Table II. Of these 13,792 restricted stock units, 8,572 will vest on August 15, 2015, and 5,220 restricted stock units will vest in two equal annual installments beginning on January 2, 2015. Each restricted stock unit represents a contingent right to receive one share of common stock of the issuer, par value $0.01 per share.
  3. On October 11, 2012, the reporting person was granted 34,287 restricted stock units, of which 17,143 restricted stock units have previously vested and settled and 8,572 restricted stock units vested and settled on August 15, 2014. The remaining 8,572 restricted stock units will vest on August 15, 2015.
  4. The reporting person has 13,792 restricted stock units that have not yet vested and settled. These restricted stock units have been moved to Table I and are not reported under Table II.
  5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $77.28 per share to $77.50 per share, inclusive. The reporting person undertakes to provide Diamondback Energy, Inc., any security holder of Diamondback 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 footnote (5) to this Form 4.