Filing Details

Accession Number:
0001594466-19-000061
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-05-22 18:00:17
Reporting Period:
2019-05-20
Accepted Time:
2019-05-22 18:00:17
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
1606914 Bryan Sheffield 303 Colorado Street, Suite 3000
Austin TX 78701
See Remarks Yes Yes Yes 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 Disposition 2019-05-20 100,000 $20.24 8,801,632 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 352,521 Indirect By Spouse
Class A Common Stock 948,043 Indirect By Bryan S. Sheffield Spousal Lifetime Access Trust
Class A Common Stock 297,761 Indirect By Sharoll M. Sheffield 2012 Irrevocable Trust
Class B Common Stock 20,415,517 Direct
Class B Common Stock 371,249 Indirect By Spouse
Class B Common Stock 998,406 Indirect By Bryan S. Sheffield Spousal Lifetime Access Trust
Class B Common Stock 313,579 Indirect By Sharoll M. Sheffield 2012 Irrevocable Trust
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $20.13 to $20.54, 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 purchased at each separate price within the range set forth in this footnote.
  2. Mr. Sheffield serves as the investment trustee of the Bryan S. Sheffield Spousal Lifetime Access Trust, and Mr. Sheffield and his children are beneficiaries of the Bryan S. Sheffield Spousal Lifetime Access Trust.
  3. Mr. Sheffield's spouse serves as the investment trustee of the Sharoll M. Sheffield 2012 Irrevocable Trust, and Mr. Sheffield's spouse and children are beneficiaries of the Sharoll M. Sheffield 2012 Irrevocable Trust.
  4. 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.