Home/Filings/4/0001209191-14-061243
4//SEC Filing

Diamondback Energy, Inc. 4

Accession 0001209191-14-061243

$FANGCIK 0001539838operating

Filed

Oct 1, 8:00 PM ET

Accepted

Oct 2, 6:51 PM ET

Size

20.1 KB

Accession

0001209191-14-061243

Insider Transaction Report

Form 4
Period: 2014-09-30
White Jeffrey L.
VP Operations
Transactions
  • Sale

    Common Stock

    2014-09-30$77.19/sh300$23,15618,363 total
  • Exercise/Conversion

    Common Stock

    2014-09-30+8,57222,363 total
  • Sale

    Common Stock

    2014-09-30$75.52/sh4,700$354,93618,663 total
  • Sale

    Common Stock

    2014-09-30$77.19/sh300$23,15618,363 total
  • Sale

    Common Stock

    2014-09-30$75.50/sh3,700$279,36718,663 total
  • Exercise/Conversion

    Common Stock

    2014-09-30$17.50/sh+5,000$87,50023,363 total
  • Exercise/Conversion

    Restricted Stock Units

    2014-09-308,5720 total
    Common Stock (8,572 underlying)
  • Exercise/Conversion

    Stock Option (right to buy)

    2014-09-305,00045,000 total
    Exercise: $17.50Exp: 2016-09-30Common Stock (5,000 underlying)
Footnotes (10)
  • [F1]All of these options to purchase 5,000 shares of common stock of the issuer were vested at the time of exercise. Of the remaining options to purchase 45,000 shares of common stock of the issuer, options to purchase 20,000 shares of common stock are vested, and options to purchase 25,000 shares of common stock will vest on September 30, 2015.
  • [F10]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $77.090 to $77.235, inclusive.
  • [F2]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 14, 2014.
  • [F3]On October 11, 2012, the reporting person was granted 34,287 restricted stock units, of which 17,144 restricted stock units have previously vested and settled and 8,572 restricted stock units vested and settled on September 30, 2014. The remaining 8,571 restricted stock units will vest on September 30, 2015. On Februrary 27, 2014, the reporting person was granted 7,830 restricted stock units, of which 2,610 previously vested and settled. The remaining 5,220 restricted stock units will vest in two equal annual installments beginning on January 2, 2015.
  • [F4]Restricted stock units convert into common stock on a one-for-one basis.
  • [F5]The reporting person has 13,791 restricted stock units that have not yet vested and settled. These restricted stock units have been moved to Table I and are not reported on Table II.
  • [F6]This number inclues 13,791 restricted stock units that have not yet vested and settled, which were previously reported on Table II. Of these 13,791 restricted stock units, 8,571 will vest and settle on September 30, 2015, and 5,220 will vest in two equal annual installments beginning on January 2, 2015.
  • [F7]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.100 to $75.970, 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 ranges set forth in footnotes 7 through 10 of this Form 4.
  • [F8]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $77.090 to $77.235, inclusive.
  • [F9]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.050 to $75.970, inclusive.

Issuer

Diamondback Energy, Inc.

CIK 0001539838

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001539838

Filing Metadata

Form type
4
Filed
Oct 1, 8:00 PM ET
Accepted
Oct 2, 6:51 PM ET
Size
20.1 KB