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Diamondback Energy, Inc. Director's Dealing 2013

Sep 18, 2013

30063_dirs_2013-09-18_0fb15bcb-9567-4bce-99b1-44945a0c5dda.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: Stice Travis D. (Director, Chief Executive Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2013-09-16 Common Stock M 28572 Acquired 31372 Direct
2013-09-16 Common Stock S 25000 $44.71 Disposed 6372 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2013-09-16 Restricted Stock Units $0 M 28572 Disposed Common Stock (28572) 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 Isser's 2012 Stock Incentive Plan.

F2: The remaining 28,571 restricted stock units will vest in two approximately equal annual installments beginning on April 18, 2014.