4//SEC Filing
Pantermuehl Russell 4
Accession 0001539838-21-000039
CIK 0001539838other
Filed
Mar 2, 7:00 PM ET
Accepted
Mar 3, 4:36 PM ET
Size
16.4 KB
Accession
0001539838-21-000039
Insider Transaction Report
Form 4
Pantermuehl Russell
VP Reservoir Engineering
Transactions
- Award
Common Stock
2021-03-01+18,112→ 140,176 total - Award
Common Stock
2021-03-01+17,134→ 157,310 total - Sale
Common Stock
2021-03-01$73.80/sh−10,000$738,025→ 147,310 total - Tax Payment
Common Stock
2021-03-01$69.28/sh−6,774$469,303→ 140,536 total - Tax Payment
Common Stock
2021-03-01$69.28/sh−2,723$188,649→ 137,813 total - Tax Payment
Common Stock
2021-03-01$69.28/sh−2,376$164,609→ 135,437 total - Tax Payment
Common Stock
2021-03-01$69.28/sh−2,018$139,807→ 133,419 total
Footnotes (7)
- [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, 2021.
- [F2]These securities are performance-based restricted stock units for the performance period from January 1, 2018 to December 31, 2020 that were granted under the issuer's equity incentive plan on February 13, 2018. All of these performance-based restricted stock units vested as of December 31, 2020 upon certification by the issuer's compensation committee of the applicable performance conditions on February 23, 2021.
- [F3]The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $73.66 per share to $73.905 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.
- [F4]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 of the performance-based restricted stock units granted on February 13, 2018 and vested upon certification by the issuer's compensation committee on February 23, 2021. 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 26, 2021.
- [F5]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, 2021 of the second 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 26, 2021.
- [F6]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, 2021 of the first tranche of the time-based restricted stock units granted to the reporting person on March 1, 2021. 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 26, 2021.
- [F7]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, 2021 of the third 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 26, 2021.
Documents
Issuer
Diamondback Energy, Inc.
CIK 0001539838
Entity typeother
Related Parties
1- filerCIK 0001559934
Filing Metadata
- Form type
- 4
- Filed
- Mar 2, 7:00 PM ET
- Accepted
- Mar 3, 4:36 PM ET
- Size
- 16.4 KB