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Filing Details

Accession Number:: 0001140361-14-027191
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2014-07-01 15:41:10
Reporting Period:: 2014-06-27

Filing Date:: 2014-07-01
Accepted Time:: 2014-07-01 15:41:10
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1539838	Diamondback Energy Inc.	FANG	Crude Petroleum & Natural Gas (1311)	000000000

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
1001391	E Charles Davidson	C/O Wexford Capital Lp 411 West Putnam Ave. Greenwich CT 06830	No	No	Yes	No
1048462	Wexford Capital Lp	411 West Putnam Avenue Suite 125 Greenwich CT 06830	No	No	Yes	No
1048485	Joseph Jacobs	C/O Wexford Capital Lp 411 West Putnam Avenue, Suite 125 Greenwich CT 06830	No	No	Yes	No
1472112	Wexford Gp Llc	C/O Wexford Capital Lp Suite 125 Greenwich CT 06830	No	No	Yes	No
1559894	Db Energy Holdings Llc	411 West Putnam Ave Suite 125 Greenwich CT 06830	No	No	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock, Par Value $0.01	Disposition	2014-06-27	1,000,000	$89.12	8,627,947	No	4	S	Indirect	See footnotes

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	See footnotes

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock, Par Value $0.01	6,666	Direct

Footnotes

The securities disposed of were held by DB Energy Holdings LLC ("DB Energy"), Wexford Catalyst Fund, L.P. ("WCF"), Wexford Spectrum Fund, L.P. ("WSF"), Spectrum Intermediate Fund Limited ("SIF") and Catalyst Intermediate Fund Limited ("CIF" and, together with DB Energy, WCF, WSF and SIF, the "Funds"). The Fund sold these shares in an underwritten public offering pursuant to Diamondback Energy's Inc.'s effective registration statement on Form-3 (File No. 333-192009), including the Base Prospectus filed with the Securities and Exchange Commission (the "Commission") which became effective immediate upon filing with the Commission on November 5, 2013 and a Preliminary Prospectus Supplement dated June 23, 2014 and a Prospectus Supplement filed on June 24, 2014, the pricing date, as filed with the Commission pursuant to Rule 424(b)(5). DB Energy sold 942,794 shares, WSF sold 11,248 shares, WCF sold 1,778 shares, SIF sold 37,208 and CIF sold 6,972 shares.
This form is jointly filed by Wexford Capital LP ("Wexford"), Charles E. Davidson ("Davidson"), Joseph M. Jacobs ("Jacobs"), Wexford GP LLC ("Wexford GP") and DB Energy. The common stock shown as beneficially owned by Davidson, Jacobs, Wexford GP and Wexford reflect common stock owned of record by the Funds. Wexford serves as manager, investment advisor or sub advisor of each of the Funds, and as such may be deemed to share beneficial ownership of the securities beneficially owned by the Funds. Wexford GP, as the general partner of Wexford, may be deemed to share beneficial ownership of the securities beneficially owned by the Funds. (continued under Footnote (3) below).
(continued from Footnote (2) above) Davidson and Jacobs, as the controlling persons of Wexford GP, may be deemed to share beneficial ownership of any securities beneficially owned by the Funds for which Wexford serves as manager, investment advisor or sub advisor. Each of the Reporting Persons and each of the Funds disclaims beneficial ownership of the securities reported herein, except to the extent of his or its actual pecuniary interest therein.