Filing Details

Accession Number:
0001539838-24-000110
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-05-29 16:02:17
Reporting Period:
2024-05-28
Accepted Time:
2024-05-29 16:02:17
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
1805429 N Daniel Wesson 500 West Texas Avenue
Suite 100
Midland TX 79701
Exec. Vp & Coo No 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 2024-05-28 2,541 $193.46 75,677 No 4 F Direct
Common Stock Disposition 2024-05-28 6,000 $197.14 69,677 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 F Direct
No 4 S Direct
Footnotes
  1. In connection with the issuer's acquisition of all of the outstanding publicly-held common units of Rattler Midstream LP ("Rattler") on August 24, 2022 (the "Rattler Merger"), each Rattler Phantom unit outstanding immediately prior to the effective time of the Rattler Merger under the Rattler Midstream LP Long-Term Incentive Plan was converted into the issuer's restricted stock unit award, as adjusted based on the merger exchange ratio. In connection with the vesting and settlement on May 28, 2024 of the last unvested tranche of the issuer's restricted stock units received by the reporting person in connection with the Rattler Merger, the issuer withheld shares of its common stock that would have otherwise been issuable to the reporting person to satisfy tax withholding obligations. The number of shares of common stock withheld was determined based on the closing price per share of the issuer's common stock on May 24, 2024.