Diamondback Energy, Inc. — Director's Dealing 2015

Mar 18, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Diamondback Energy, Inc. (FANG)
CIK: 0001539838
Period of Report: 2015-03-17

Reporting Person: Pantermuehl Russell (VP Reservoir Engineering)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-03-17	Common Stock	M	300	$17.50	Acquired	36219	Direct
2015-03-17	Common Stock	S	300	$71.00	Disposed	35919	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-03-17	Stock Option (right to buy)	$17.50	M	300	Disposed	2016-08-15	Common Stock (300)	Direct

Footnotes

F1: All of these options to purchase 300 shares of common stock of the issuer were vested at the time of exercise. Of the remaining options to purchase 39,000 shares of common stock of the issuer, options to purchase 14,000 shares of common stock are vested and options to purchase 25,000 shares of common stock will vest on August 15, 2015.