4//SEC Filing
Stice Travis D. 4
Accession 0001539838-25-000044
CIK 0001539838other
Filed
Mar 3, 7:00 PM ET
Accepted
Mar 4, 8:58 PM ET
Size
17.9 KB
Accession
0001539838-25-000044
Insider Transaction Report
Form 4
Stice Travis D.
Chief Executive Officer
Transactions
- Other
Common Stock
2025-03-01−16,322→ 419,271 total(indirect: By Stice Investments, Ltd.) - Award
Common Stock
2025-03-01+33,709→ 50,031 total - Award
Common Stock
2025-03-01+103,810→ 153,841 total - Tax Payment
Common Stock
2025-03-01$158.96/sh−2,881$457,964→ 106,567 total - Tax Payment
Common Stock
2025-03-01$158.96/sh−3,543$563,195→ 109,448 total - Tax Payment
Common Stock
2025-03-01$158.96/sh−4,422$702,921→ 102,145 total - Tax Payment
Common Stock
2025-03-01$158.96/sh−40,850$6,493,516→ 112,991 total
Holdings
- 20,400(indirect: TBS Legacy Investments, Ltd.)
Common Stock
Footnotes (9)
- [F1]Reflects an in-kind distribution by Stice Investments, Ltd. to Mr. Stice, involving no change in beneficial ownership or pecuniary interest.
- [F2]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.
- [F3]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, 2025.
- [F4]These securities are performance-based restricted stock units for the performance period from January 1, 2022 to December 31, 2024 that were granted under the issuer's equity incentive plan on March 1, 2022. All of these performance-based restricted stock units vested as of December 31, 2024 following the certification by the issuer's compensation committee of the applicable performance conditions for such performance-based restricted stock unit awards settling on March 1, 2025.
- [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 of the performance-based restricted stock units granted on March 1, 2022 and vested as of December 31, 2024 following the certification by the issuer's compensation committee of the applicable performance conditions for such performance-based restricted stock unit awards settling on March 1, 2025. 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, 2025.
- [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, 2025 of the third tranche of the time-based restricted stock units granted to the reporting person on March 1, 2023. 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, 2025.
- [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, 2025 of the second tranche of the time-based restricted stock units granted to the reporting person on March 1, 2024. 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, 2025.
- [F8]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, 2025 of the first tranche of the time-based restricted stock units granted to the reporting person on March 1, 2025. 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, 2025.
- [F9]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.
Documents
Issuer
Diamondback Energy, Inc.
CIK 0001539838
Entity typeother
Related Parties
1- filerCIK 0001559933
Filing Metadata
- Form type
- 4
- Filed
- Mar 3, 7:00 PM ET
- Accepted
- Mar 4, 8:58 PM ET
- Size
- 17.9 KB