Diamondback Energy, Inc. — Director's Dealing 2014

Mar 3, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Diamondback Energy, Inc. (FANG)
CIK: 0001539838
Period of Report: 2014-02-27

Reporting Person: Moses Elizabeth (VP Land)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-02-27	Restricted Stock Units	$0.00	A	7020	Acquired		Common Stock (7020)	Direct

Footnotes

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

F2: Of the 7,020 restricted stock units reported on this form, 2,340 vested on February 27, 2014 and the remaining resricted stock units will vest in two equal annual installments beginning on January 2, 2015.