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Diamondback Energy, Inc. Director's Dealing 2017

Feb 22, 2017

30063_dirs_2017-02-21_734c8d37-b975-42e1-b766-2a062c328f56.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: 2017-02-16

Reporting Person: Dick Teresa L. (CFO, Sr. VP)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-02-16 Common Stock A 15000 Acquired 35510 Direct
2017-02-16 Common Stock A 5850 Acquired 41360 Direct

Footnotes

F1: These securities are performance based restricted stock units for the performance period January 1, 2014 to December 31, 2016 that were granted under the issuer's equity incentive plan. All of these performance based restricted stock units vested as of December 31, 2016 upon certification by the issuer's compensation committee of attainment of the applicable performance conditions on February 16, 2017.

F2: These securities are restricted stock units that were granted under the issuer's equity incentive plan. 1,950 of these restricted stock units vested on February 16, 2017, and the remaining 3,900 restricted stock units will vest in two equal annual installments beginning on February 16, 2018.