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Filing Details

Accession Number:: 0001179110-16-028990
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2016-08-24 17:15:36
Reporting Period:: 2016-08-22

Filing Date:: 2016-08-24
Accepted Time:: 2016-08-24 17:15:36
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1588216	Rsp Permian Inc.	RSPP	()	4

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

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Disposition	2016-08-22	20,500	$39.32	8,548,588	No	4	S	Direct
Common Stock	Disposition	2016-08-22	500	$39.87	8,548,088	No	4	S	Direct
Common Stock	Disposition	2016-08-23	21,000	$39.32	8,527,088	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	S	Direct
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

On August 22, 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"), Mr. Collins sold 20,500 shares in multiple trades at prices ranging from $38.84 to $39.82. 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.
The first sale under the 10b5-1 Plan was on March 29, 2016 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 22, 2016, regardless of whether the maximum of 500,000 shares in the aggregate have been sold.
On August 22, 2016, pursuant to the 10b5-1 Plan, Mr. Collins sold 500 shares in multiple trades at prices ranging from $39.84 to $39.95. 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.
On August 23, 2016, pursuant to the 10b5-1 Plan, Mr. Collins sold 21,000 shares in multiple trades at prices ranging from $38.94 to $39.66. 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.
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.
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.