4//SEC Filing
Franklin William W. 4
Accession 0001209191-12-049510
CIK 0001539838other
Filed
Oct 14, 8:00 PM ET
Accepted
Oct 15, 9:58 PM ET
Size
8.3 KB
Accession
0001209191-12-049510
Insider Transaction Report
Form 4
Franklin William W.
VP Land
Transactions
- Award
Stock Option (right to buy)
2012-10-11+50,000→ 50,000 totalExercise: $17.50Exp: 2016-08-08→ Common Stock (50,000 underlying) - Award
Restricted Stock Units
2012-10-11+17,143→ 17,143 total→ Common Stock (17,143 underlying)
Footnotes (3)
- [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]4,286 restricted stock units will be vested on the closing date of the initial public offering of the Issuer (the "IPO"). 12,857 restricted stock units will vest in three remaining approximately equal annual installments beginning on August 8, 2013. All restricted stock units are subject to a lock-up agreement entered into by the reporting person in connection with the IPO.
- [F3]Options to purchase 12,500 shares of Common Stock will be vested on the closing date of the IPO. Options to purchase 37,500 shares of Common Stock will vest in three remaining approximately equal annual installments beginning on August 8, 2013. All Options are subject to the terms of the reporting person's employment agreement and a lock-up agreement entered into by the reporting person in connection with the IPO.
Documents
Issuer
Diamondback Energy, Inc.
CIK 0001539838
Entity typeother
Related Parties
1- filerCIK 0001560048
Filing Metadata
- Form type
- 4
- Filed
- Oct 14, 8:00 PM ET
- Accepted
- Oct 15, 9:58 PM ET
- Size
- 8.3 KB