0001539838-21-000041.txt : 20210303
0001539838-21-000041.hdr.sgml : 20210303
20210303163711
ACCESSION NUMBER: 0001539838-21-000041
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210301
FILED AS OF DATE: 20210303
DATE AS OF CHANGE: 20210303
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Wesson Daniel N
CENTRAL INDEX KEY: 0001805429
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35700
FILM NUMBER: 21709596
MAIL ADDRESS:
STREET 1: 500 WEST TEXAS AVENUE
STREET 2: SUITE 1200
CITY: MIDLAND
STATE: TX
ZIP: 79701
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Diamondback Energy, Inc.
CENTRAL INDEX KEY: 0001539838
STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311]
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 500 WEST TEXAS
STREET 2: SUITE 1200
CITY: MIDLAND
STATE: TX
ZIP: 79701
BUSINESS PHONE: 405-463-6900
MAIL ADDRESS:
STREET 1: 500 WEST TEXAS
STREET 2: SUITE 1200
CITY: MIDLAND
STATE: TX
ZIP: 79701
4
1
wf-form4_161480740685653.xml
FORM 4
X0306
4
2021-03-01
0
0001539838
Diamondback Energy, Inc.
FANG
0001805429
Wesson Daniel N
500 WEST TEXAS
SUITE 1200
MIDLAND
TX
79701
0
1
0
0
Exec. VP - Operations
Common Stock
2021-03-01
4
A
0
7762
0
A
32241
D
Common Stock
2021-03-01
4
A
0
4462
0
A
36703
D
Common Stock
2021-03-01
4
F
0
1806
69.28
D
34897
D
Common Stock
2021-03-01
4
F
0
1167
69.28
D
33730
D
Common Stock
2021-03-01
4
F
0
1019
69.28
D
32711
D
Common Stock
2021-03-01
4
F
0
520
69.28
D
32191
D
These securities are restricted stock units, each representing a contingent right to receive one share of common stock, par value $0.01 per share, of the issuer. These restricted stock units were granted under the issuer's equity incentive plan and will vest in three equal installments beginning on March 1, 2021.
These securities are performance-based restricted stock units for the performance period from January 1, 2018 to December 31, 2020 that were granted under the issuer's equity incentive plan on March 12, 2018. All of these performance-based restricted stock units vested as of December 31, 2020 upon certification by the issuer's compensation committee of the applicable performance conditions on February 23, 2021.
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 March 12, 2018 and vested upon certification by the issuer's compensation committee on February 23, 2021. 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 26, 2021.
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 March 1, 2021 of the second tranche of the time-based restricted stock units granted to the reporting person on March 1, 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 26, 2021.
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 March 1, 2021 of the first tranche of the time-based restricted stock units granted to the reporting person on March 1, 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 26, 2021.
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 March 1, 2021 of the third tranche of the time-based restricted stock units granted to the reporting person on March 1, 2019. 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 26, 2021.
/s/ Teresa L. Dick as attorney-in-fact for Daniel N. Wesson
2021-03-03