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Diamondback Energy, Inc. Director's Dealing 2013

Oct 2, 2013

30063_dirs_2013-10-02_6a896b0a-4c6d-4582-97b1-ac83ef2a5e5c.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: 2013-09-30

Reporting Person: White Jeffrey L. (VP Operations)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2013-09-30 Common Stock M 8572 Acquired 8572 Direct
2013-09-30 Common Stock S 3430 $42.7305 Disposed 5142 Direct
2013-09-30 Common Stock S 5142 $42.6838 Disposed 0 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2013-09-30 Restricted Stock Units $ M 8572 Disposed 2016-09-30 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 the issuer and was granted under the issuer's 2012 Stock Incentive Plan. Of these restricted stock units, 8,572 restricted stock units vested on September 30, 2013. The remaining 17,143 restricted stock untis will vest in two approximately equal annual installments beginning on September 30, 2014.