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Filing Details

Accession Number:: 0001539838-23-000092
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2023-06-15 16:51:29
Reporting Period:: 2023-06-13

Accepted Time:: 2023-06-15 16:51:29
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
1559933	D. Travis Stice	500 West Texas Avenue Suite 100 Midland TX 79701	Chief Executive Officer	Yes	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2023-06-13	35,000	$0.00	35,000	No	4	G	Indirect	TBS Legacy Investments, Ltd.
Common Stock	Disposition	2023-06-13	11,600	$132.13	23,400	No	4	S	Indirect	TBS Legacy Investments, Ltd.

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	G	Indirect	TBS Legacy Investments, Ltd.
No	4	S	Indirect	TBS Legacy Investments, Ltd.

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	451,242	Indirect	By Stice Investments, Ltd.

Footnotes

These shares were previously transferred by Stice Investments, Ltd. to TBS Legacy Investments, Ltd. in a capital contribution that did not result in a change of the previously reported beneficial ownership or pecuniary interest in these shares. On June 13, 2023, all limited partnership units in TBS Legacy Investments, Ltd. were gifted to the Stice 2023 Children's Trust for the benefit of Mr. Stice's adult children.
Stice Management, LLC is the general partner of TBS Legacy Investments, Ltd. Mr. Stice and his spouse hold 100% of the membership interests in Stice Management, LLC, of which Mr. Stice is the manager. The Stice 2023 Children's Trust is the limited partner of TBS Legacy Investments, Ltd. Mr. Stice and his spouse serve as the trustees of the Stice 2023 Children's Trust and may be deemed to have retained beneficial ownership in the gifted securities in which their adult children have a pecuniary interest.
The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $131.891 per share to $132.33 per share, inclusive. The reporting person undertakes to provide to 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 range set forth in this footnote.
These 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.