Filing Details

Accession Number:
0000899243-16-016625
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-03-25 18:00:27
Reporting Period:
2016-03-23
Filing Date:
2016-03-25
Accepted Time:
2016-03-25 18:00:27
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1594466 Parsley Energy Inc. PE Crude Petroleum & Natural Gas (1311) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1606914 Bryan Sheffield 303 Colorado Street, Suite 3000
Austin TX 78701
See Remarks Yes Yes 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
Class A Common Stock Disposition 2016-03-23 35,715 $21.81 12,269,935 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 1,711,269 Indirect By Sheffield Energy Management, LLC
Class B Common Stock 22,716,573 Direct
Class B Common Stock 1,802,178 Indirect By Sheffield Energy Management, LLC
Footnotes
  1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Mr. Sheffield on March 3, 2015.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.53 to $22.05, 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 ranges set forth in footnote (2) to this Form 4.
  3. Mr. Sheffield has voting and dispositive power over these shares.
  4. 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.