Diamondback Energy, Inc. — Director's Dealing 2013

Sep 18, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Diamondback Energy, Inc. (FANG)
CIK: 0001539838
Period of Report: 2013-09-16

Reporting Person: Franklin William W. (VP Land)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-09-16	Common Stock	M	8572	—	Acquired	8572	Direct
2013-09-16	Common Stock	S	2780	$44.7119	Disposed	5792	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-09-16	Restricted Stock Units	$0	M	8572	Disposed		Common Stock (8572)	Direct

Footnotes

F1: Each restricted stock unit represents a contingent right to receive one share of common stock, par value $0.01 per share, of Diamondback Energy, Inc. (the "Issuer") and was granted under the Issuer's 2012 Stock Incentive Plan.

F2: The remaining 8,571 restricted stock units will vest in two approximately equal annual installments beginning on August 8, 2014.