Filing Details
- Accession Number:
- 0001539838-23-000092
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-06-15 16:51:29
- Reporting Period:
- 2023-06-13
- Accepted Time:
- 2023-06-15 16:51:29
- 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 | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1559933 | D. Travis Stice | 500 West Texas Avenue Suite 100 Midland TX 79701 | Chief Executive Officer | Yes | Yes | No | 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 | 2023-06-13 | 35,000 | $0.00 | 35,000 | No | 4 | G | Indirect | TBS Legacy Investments, Ltd. |
| Common Stock | Disposition | 2023-06-13 | 11,600 | $132.13 | 23,400 | No | 4 | S | Indirect | TBS Legacy Investments, Ltd. |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | G | Indirect | TBS Legacy Investments, Ltd. |
| No | 4 | S | Indirect | TBS Legacy Investments, Ltd. |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 451,242 | Indirect | By Stice Investments, Ltd. |
Footnotes
- These shares were previously transferred by Stice Investments, Ltd. to TBS Legacy Investments, Ltd. in a capital contribution that did not result in a change of the previously reported beneficial ownership or pecuniary interest in these shares. On June 13, 2023, all limited partnership units in TBS Legacy Investments, Ltd. were gifted to the Stice 2023 Children's Trust for the benefit of Mr. Stice's adult children.
- Stice Management, LLC is the general partner of TBS Legacy Investments, Ltd. Mr. Stice and his spouse hold 100% of the membership interests in Stice Management, LLC, of which Mr. Stice is the manager. The Stice 2023 Children's Trust is the limited partner of TBS Legacy Investments, Ltd. Mr. Stice and his spouse serve as the trustees of the Stice 2023 Children's Trust and may be deemed to have retained beneficial ownership in the gifted securities in which their adult children have a pecuniary interest.
- The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $131.891 per share to $132.33 per share, inclusive. The reporting person undertakes to provide to Diamondback Energy, Inc., any security holder of Diamondback 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 range set forth in this footnote.
- These securities are held by Stice Investments, Ltd., which is managed by Stice Management, LLC, its general partner. Mr. Stice and his spouse hold 100% of the membership interests in Stice Management, LLC, of which Mr. Stice is the manager.
Billionaire Hedge Funds
