Pantermuehl Russell 4
4 · Diamondback Energy, Inc. · Filed Feb 25, 2020
Insider Transaction Report
Form 4
Pantermuehl Russell
VP Reservoir Engineering
Transactions
- Award
Common Stock
2020-02-21+22,113→ 124,220 total - Tax Payment
Common Stock
2020-02-21$76.40/sh−1,343$102,605→ 116,049 total - Tax Payment
Common Stock
2020-02-21$76.40/sh−6,828$521,659→ 117,392 total
Footnotes (3)
- [F1]These securities are performance-based restricted stock units for the performance period from January 1, 2017 to December 31, 2019 that were granted under the issuer's equity incentive plan on February 16, 2017. All of these performance-based restricted stock units vested as of December 31, 2019 upon certification by the issuer's compensation committee of the applicable performance conditions on February 21, 2020.
- [F2]The issuer withheld shares of common stock that would have otherwise been issuable to the reporting person to satisfy the issuer's tax withholding obligations in connection with the vesting and settlement of the performance-based restricted stock units granted on February 16, 2017 and vested upon certification by the issuer's compensation committee on February 21, 2020. The number of shares of common stock withheld was determined based on the closing price per share of the issuer's common stock on February 21, 2020.
- [F3]The issuer withheld shares of common stock that would have otherwise been issuable to the reporting person to satisfy the issuer's tax withholding obligations in connection with the vesting and settlement on February 21, 2020 of the third tranche of the time-based restricted stock units granted to the reporting person on February 13, 2018. The number of shares of common stock withheld was determined based on the closing price per share of the issuer's common stock on February 21, 2020.