4//SEC Filing
Hinson Mike 4
Accession 0001594466-18-000083
CIK 0001594466other
Filed
Aug 9, 8:00 PM ET
Accepted
Aug 10, 5:00 PM ET
Size
11.2 KB
Accession
0001594466-18-000083
Insider Transaction Report
Form 4
Hinson Mike
Vice President-Land
Transactions
- Sale
Class A common stock
2018-08-10$30.24/sh−250,000$7,560,000→ 413,978 total - Other
Class B common stock
2018-08-10−250,000→ 1,287,610 total - Conversion
Class A common stock
2018-08-10+250,000→ 663,978 total - Conversion
Parsley Energy, LLC Membership Units
2018-08-10−250,000→ 1,287,610 totalExercise: $0.00→ Class A common stock (250,000 underlying)
Footnotes (4)
- [F1]On August 10, 2018, the Reporting Person, pursuant to the terms of the Second Amended and Restated Limited Liability Company Agreement of Parsley Energy, LLC, dated April 20, 2017, by and among Parsley Energy, LLC and the members thereof (the "PE LLC Agreement"), exchanged 250,000 membership units of Parsley Energy, LLC (with a corresponding number of shares of Class B common stock) for 250,000 shares of Class A common stock of Parsley Energy, Inc.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.15 to $30.43, inclusive. The reporting person undertakes to provide to Parsley Energy, Inc., any security holder of Parsley 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.
- [F3]Each share of Class B Common Stock has no economic rights but entitles its holder to one vote on all matters to be voted on by stockholders generally.
- [F4]Subject to the terms of the PE LLC Agreement, the membership units of Parsley Energy, LLC (together with a corresponding number of shares of Class B common stock) are exchangeable from time to time for Class A common stock at an exchange ratio of one share of Class A common stock for each membership unit of Parsley Energy, LLC (and a corresponding share of Class B common stock) exchanged.
Documents
Issuer
Parsley Energy, Inc.
CIK 0001594466
Entity typeother
Related Parties
1- filerCIK 0001606929
Filing Metadata
- Form type
- 4
- Filed
- Aug 9, 8:00 PM ET
- Accepted
- Aug 10, 5:00 PM ET
- Size
- 11.2 KB