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Diamondback Energy, Inc. — Director's Dealing 2016
Aug 30, 2016
30063_dirs_2016-08-30_5b12a71c-2bf6-4932-b1e3-3e56d9b1c312.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: 2016-08-28
Reporting Person: WEST STEVEN E (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-08-28 | Restricted Stock Units | A | 1359 | — | Acquired | 1359 | Direct |
Footnotes
F1: 1. These securities are restricted stock units that were granted under Diamondback Energy, Inc.'s (the "Issuer") 2012 Equity Incentive Plan. 453 of these restricted stock units vested on August 28, 2016, and the remaining 906 restricted stock units will vest in two equal annual installments beginning on July 1, 2017. Each restricted stock unit represents a contingent right to receive one share of common stock of the Issuer, par value $0.01 per share. These restricted stock units have been assigned to Wexford Capital LP under the terms of Mr. West's employment with Wexford Capital LP. As a result, Mr. West disclaims any pecuniary interest in these restricted stock units.