Filing Details

Accession Number:
0001594466-18-000083
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-08-10 17:00:12
Reporting Period:
2018-08-10
Accepted Time:
2018-08-10 17:00:12
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1594466 Parsley Energy Inc. PE Crude Petroleum & Natural Gas (1311) 464314192
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1606929 Mike Hinson 303 Colorado Street, Suite 3000
Austin TX 78701
See Remarks 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
Class A Common Stock Acquisiton 2018-08-10 250,000 $0.00 663,978 No 4 C Direct
Class A Common Stock Disposition 2018-08-10 250,000 $30.24 413,978 No 4 S Direct
Class B Common Stock Disposition 2018-08-10 250,000 $0.00 1,287,610 No 4 J Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Direct
No 4 S Direct
No 4 J Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Parsley Energy, LLC Membership Units Disposition 2018-08-10 250,000 $0.00 250,000 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
1,287,610 No 4 C Direct
Footnotes
  1. On August 10, 2018, the Reporting Person, pursuant to the terms of the Second Amended and Restated Limited Liability Company Agreement of Parsley Energy, LLC, dated April 20, 2017, by and among Parsley Energy, LLC and the members thereof (the "PE LLC Agreement"), exchanged 250,000 membership units of Parsley Energy, LLC (with a corresponding number of shares of Class B common stock) for 250,000 shares of Class A common stock of Parsley Energy, Inc.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.15 to $30.43, inclusive. The reporting person undertakes to provide to Parsley Energy, Inc., any security holder of Parsley 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 range set forth in this footnote.
  3. Each 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.
  4. Subject to the terms of the PE LLC Agreement, the membership units of Parsley Energy, LLC (together with a corresponding number of shares of Class B common stock) are exchangeable from time to time for Class A common stock at an exchange ratio of one share of Class A common stock for each membership unit of Parsley Energy, LLC (and a corresponding share of Class B common stock) exchanged.