Diamondback Energy, Inc. — Director's Dealing 2016

Feb 23, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Diamondback Energy, Inc. (FANG)
CIK: 0001539838
Period of Report: 2016-02-19

Reporting Person: Stice Travis D. (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-02-19	Common Stock	A	50000	—	Acquired	235946	Indirect

Footnotes

F1: These securities are performance based restricted stock units that were granted under the issuer's 2012 Equity Incentive Plan for the performance period January 1, 2013 to December 31, 2015. All of these performance based restricted stock units vested as of December 31, 2015 upon certification by the issuer's compensation committee of attainment of the applicable performance conditions and settlement of these units on February 19, 2016.

F2: These securities are held by Stice Investments, Ltd., which is managed by Stice Management, LLC its general partner. Mr. Stice and his spouse hold 100% of the membership interests in Stice Management, LLC, of which Mr. Stice is the manager.