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Filing Details

Accession Number:: 0001179110-16-022090
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2016-03-22 18:24:00
Reporting Period:: 2016-03-18

Filing Date:: 2016-03-22
Accepted Time:: 2016-03-22 18:24:00
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	Director	Officer	Large Shareholder	Other
1596974	Wallace Family Partnership, Lp	508 W. Wall Street, Suite 1200 Midland TX 79701	No	No	Yes	Yes
1597125	W. Michael Wallace	3141 Hood Street, Ste 500 Dallas TX 75219	Yes	No	Yes	No
1597395	M. Leslyn Wallace	508 W. Wall Street, Suite 1200 Midland TX 79701	No	No	Yes	No
1597412	Michael Wallace Management, Llc	508 W. Wall Street, Suite 1200 Midland TX 79701	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	Disposition	2016-03-18	50,641	$29.06	8,432,532	No	4	S	Indirect	See Note
Common Stock	Disposition	2016-03-18	2,806	$29.94	8,429,726	No	4	S	Indirect	See Note
Common Stock	Disposition	2016-03-22	200	$29.17	8,429,526	No	4	S	Indirect	See Note

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

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	17,675	Indirect	See Note
Common Stock	82,109	Indirect	See Note
Common Stock	2,166,152	Indirect	See Note
Common Stock	500	Indirect	See Note
Common Stock	300	Indirect	See Note

Footnotes

On March 18, 2016, pursuant to a plan of disposition adopted in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934 (the "10b5-1 Plan"), Wallace Family Partnership, LP ("Wallace LP") sold 50,641 shares in multiple trades at prices ranging from $28.83 to $29.82. The price reported above reflects the weighted average sale price. Wallace LP 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.
The first sale under the 10b5-1 Plan was on March 16, 2016. No more than 500,000 shares may be sold in the aggregate under the 10b5-1 Plan. The 10b5-1 Plan terminates no later than November 10, 2016, regardless of whether the maximum of 500,000 shares in the aggregate have been sold.
On March 18, 2016, pursuant to the 10b5-1 Plan, Wallace LP sold 2,806 shares in multiple trades at prices ranging from $29.83 to $30.08. The price reported above reflects the weighted average sale price. Wallace LP 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.
On March 22, 2016, pursuant to the 10b5-1 Plan, Wallace LP sold 200 shares in multiple trades at prices ranging from $29.16 to $29.18. The price reported above reflects the weighted average sale price. Wallace LP 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.
These securities are held by Wallace LP. Michael Wallace Management, LLC ("Wallace Management") is the general partner of Wallace LP, and Mr. Wallace and Mrs. Wallace are the managers of Wallace Management. Accordingly, each of Mr. and Mrs. Wallace may be deemed to share voting and dispositive power over the reported securities of Wallace LP, and as a result may be deemed to beneficially own the reported securities of Wallace LP. Each of Mr. and Mrs. Wallace disclaim beneficial ownership of the reported securities of Wallace LP except to the extent of his or her pecuniary interest therein.
These securities are held of record by Michael W. Wallace. Leslyn M. Wallace, Mr. Wallace's spouse, disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein.
These securities are held of record by Mrs. Wallace. Mr. Wallace disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
These securities are held of record by Collins & Wallace Holdings, LLC. Ted Collins, Jr. and Wallace LP are the members of Collins & Wallace Holdings, LLC. Wallace Management is the general partner of Wallace LP, and Mr. and Mrs. Wallace are the managers of Wallace Management. Accordingly, Mr. Collins and Mr. and Mrs. Wallace 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. Each of Mr. and Mrs. Wallace disclaim beneficial ownership of the reported securities except to the extent of his or her pecuniary interest therein.
These securities were purchased by Mr. Wallace as custodian for a minor child under the Uniform Transfer to Minors Act. Mr. Wallace disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
These securities are held by a member of Mr. and Mrs. Wallace's immediate family sharing the same household. Mr. and Mrs. Wallace disclaim beneficial ownership of these securities except to the extent of their pecuniary interest therein.