Hawkins Thomas F. 4
4 · Diamondback Energy, Inc. · Filed Mar 3, 2020
Insider Transaction Report
Form 4
Hawkins Thomas F.
Sr. VP - Land
Transactions
- Tax Payment
Common Stock
2020-03-01$62.00/sh−1,012$62,744→ 25,221 total - Award
Common Stock
2020-03-01+7,709→ 26,233 total - Tax Payment
Common Stock
2020-03-01$62.00/sh−750$46,500→ 24,471 total
Footnotes (3)
- [F1]These securities are restricted stock units, each representing a contingent right to receive one share of common stock, par value $0.01 per share, of the issuer. These restricted stock units were granted under the issuer's equity incentive plan and will vest in three equal installments beginning on March 1, 2020.
- [F2]The issuer withheld shares of common stock that would have otherwise been issuable to the reporting person to satisfy the issuer's tax withholding obligations in connection with the vesting and settlement on March 1, 2020 of the first tranche of the time-based restricted stock units granted to the reporting person on March 1, 2020. The number of shares of common stock withheld was determined based on the closing price per share of the issuer's common stock on February 28, 2020.
- [F3]The issuer withheld shares of common stock that would have otherwise been issuable to the reporting person to satisfy the issuer's tax withholding obligations in connection with the vesting and settlement on March 1, 2020 of the second tranche of the time-based restricted stock units granted to the reporting person on March 1, 2019. The number of shares of common stock withheld was determined based on the closing price per share of the issuer's common stock on February 28, 2020.