Jacobi Paul M. 4
4 · Diamondback Energy, Inc. · Filed Oct 15, 2012
Insider Transaction Report
Form 4
Jacobi Paul M.
Director
Transactions
- Award
Restricted Stock Units
2012-10-11+6,666→ 6,666 total→ Common Stock (6,666 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of common stock, par value $0.01 per share (the "Common Stock"), of Diamondback Energy, Inc. (the "Issuer").
- [F2]2,222 restricted stock units will be vested on the closing date of the initial private offering of the Issuer (the "IPO"). 2,222 restricted stock units will be vested on the first annual anniversary of the closing date of the IPO. 2,222 restricted stock units will be vested on the second annual anniversary of the closing date of the IPO. All restricted stock units are subject to certain lock-up agreements the holder has entered into in connection with the IPO. These restricted stock units have been assigned to Wexford Capital LP.