Form Type: 4

SEC EDGAR Link
Accession Number:0000899243-16-013252
Date:2016-02-10
Issuer: PARSLEY ENERGY, INC. (PE)
Original Submission Date:

Reporting Person:

SHEFFIELD BRYAN
303 COLORADO STREET, SUITE 3000
AUSTIN, TX 78701

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
CLASS A COMMON STOCK 2016-02-10 S 1,200 d $16.72 12,451,675 direct
CLASS A COMMON STOCK 2016-02-10 S 34,515 d $16.22 12,417,160 direct
CLASS A COMMON STOCK 2016-02-10 0 $0.00 1,711,269 indirect f4
CLASS B COMMON STOCK 2016-02-10 0 $0.00 22,716,573 direct
CLASS B COMMON STOCK 2016-02-10 0 $0.00 1,802,178 indirect f4
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
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 ExercisableExpiration 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
Footnotes
IDfootnote
f1 the sales reported in this form 4 were effected pursuant to a rule 10b5-1 trading plan adopted by mr. sheffield on march 3, 2015.
f2 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $16.61 to $16.97, inclusive. the reporting person undertakes to provide to parsley energy, inc., any security holder of parsley 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 ranges set forth in footnotes (2) and (3) to this form 4.
f3 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $15.64 to $16.59, inclusive.
f4 mr. sheffield has voting and dispositive power over these shares.
f5 each share of class b common stock has no economic rights but entitles its holder to one vote on all matters to be voted on by stockholders generally.
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