Diamondback Energy, Inc. — Director's Dealing 2015

Oct 21, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Diamondback Energy, Inc. (FANG)
CIK: 0001539838
Period of Report: 2015-10-20

Reporting Person: Pantermuehl Russell (VP Reservoir Engineering)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-10-20	Common Stock	M	1278	$17.50	Acquired	37197	Direct
2015-10-20	Common Stock	S	1278	$75	Disposed	35919	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-10-20	Stock Option (right to buy)	$17.5	M	1278	Disposed	2016-08-15	Common Stock (1278.0)	Direct

Footnotes

F1: The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.

F2: All of these options to purchase 1,278 shares of common stock of the issuer were vested at the time of exercise.

F3: The remaining options to purchase 23,722 shares of common stock vested on August 18, 2015.