Filing Details

Accession Number:
0001179110-15-015471
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-11-25 20:47:59
Reporting Period:
2015-11-23
Filing Date:
2015-11-25
Accepted Time:
2015-11-25 20:47:59
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1588216 Rsp Permian Inc. RSPP Crude Petroleum & Natural Gas (1311) 901022997
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1301042 Jr Ted Collins 508 W. Wall Street, Suite 1200
Midland TX 79701
Yes No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2015-11-23 21,000 $28.14 8,914,015 No 4 S Direct
Common Stock Disposition 2015-11-24 17,000 $28.92 8,897,015 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 1,000 Indirect By spouse
Common Stock 2,166,152 Indirect See Footnote
Footnotes
  1. On November 23, 2015, pursuant to a plan of disposition adopted in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934 (the "10b5-1 Plan"), Mr. Collins sold 21,000 shares in multiple trades at prices ranging from $27.75 to $28.59. The price reported above reflects the weighted average sale price. Mr. Collins hereby undertakes to provide to the Securities and Exchange Commission staff (the "Staff"), the issuer or any security holder of the issuer, upon request, full information regarding the number of shares and prices at which the transaction was effected.
  2. The first sale under the 10b5-1 Plan was on December 29, 2014 and the 10b5-1 Plan provides for twice-monthly sales of Mr. Collins' shares at or above a minimum share price of $26.00 per share on randomly pre-determined dates ("Trade Date"). No more than 500,000 shares may be sold in the aggregate under the 10b5-1 plan and no more than 100,000 shares may be sold on any Trade Date. The 10b5-1 Plan terminates no later than November 24, 2015, regardless of whether the maximum of 500,000 shares in the aggregate have been sold.
  3. On November 24, 2015, pursuant to the 10b5-1 Plan, Mr. Collins sold 17,000 shares in multiple trades at prices ranging from $28.53 to $29.36. The price reported above reflects the weighted average sale price. Mr. Collins hereby undertakes to provide to the Staff, the issuer or any security holder of the issuer, upon request, full information regarding the number of shares and prices at which the transaction was effected.
  4. These securities are held of record by Mr. Collins' spouse. Mr. Collins disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
  5. These securities are held of record by Collins & Wallace Holdings, LLC. Mr. Collins and Wallace Family Partnership, LP are the members of Collins & Wallace Holdings, LLC. Accordingly, Mr. Collins may be deemed to share voting and dispositive power over the reported securities of Collins & Wallace Holdings, LLC, and as a result may be deemed to beneficially own the reported securities of Collins & Wallace Holdings, LLC. Mr. Collins disclaims beneficial ownership of the reported securities in excess of his pecuniary interests therein.