Accession Number: | 0001209191-14-071301 |
Date: | 2014-11-21 |
Issuer: | DIAMONDBACK ENERGY, INC. (FANG) |
Original Submission Date: |
HOLLIS MICHAEL L.
500 WEST TEXAS, SUITE 1200
MIDLAND, TX 79701
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
COMMON STOCK | 2014-11-21 | M | 7,000 | a | $17.50 | 32,919 | direct | ||
COMMON STOCK | 2014-11-21 | S | 7,000 | d | $70.06 | 25,919 | direct |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
---|---|---|---|---|---|---|---|---|---|---|---|---|
STOCK OPTION (RIGHT TO BUY) | 17.5 | 2014-11-21 | deemed execution date | M | 7,000 (d) | 2016-09-12 | common stock 7,000 | $17.50 | 38,345 | direct |
ID | footnote |
---|---|
f1 | all of these options to purchase 7,000 shares of common stock of the issuer were vested at the time of exercise. of the remaining options to purchase 38,345 shares of common stock of the issuer, options to purchase 13,345 shares of common stock are vested, and options to purchase 25,000 shares of common stock will vest on september 12, 2015. |
f2 | the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $69.91 to 70.22, inclusive. the reporting person undertakes to provide to diamondback energy, inc., any security holder of diamondback energy, inc., or the staff of the securities and exchange commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (2). |