Cross Michael P 4
4 · Diamondback Energy, Inc. · Filed Oct 15, 2012
Insider Transaction Report
Form 4
Cross Michael P
Director
Transactions
- Award
Restricted Stock Units
2012-10-11+6,666→ 6,666 total→ Common Stock (6,666 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of common stock, par value $0.01 per share (the "Common Stock"), of Diamondback Energy, Inc. (the "Issuer").
- [F2]2,222 restricted stock units will be vested on the closing date of the initial public offering of the Issuer (the "IPO"). 4,444 restricted stock units will vest in two remaining equal annual installments beginning on the first annivesary date of the IPO. All restricted stock units are subject to a lock-up agreement entered into by the reporting person in connection with the IPO.