0001539838-24-000045.txt : 20240305
0001539838-24-000045.hdr.sgml : 20240305
20240305174007
ACCESSION NUMBER: 0001539838-24-000045
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240301
FILED AS OF DATE: 20240305
DATE AS OF CHANGE: 20240305
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Dick Teresa L.
CENTRAL INDEX KEY: 0001559931
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35700
FILM NUMBER: 24722684
MAIL ADDRESS:
STREET 1: 500 WEST TEXAS
STREET 2: SUITE 1225
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]
ORGANIZATION NAME: 01 Energy & Transportation
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
wk-form4_1709678388.xml
FORM 4
X0508
4
2024-03-01
0
0001539838
Diamondback Energy, Inc.
FANG
0001559931
Dick Teresa L.
500 WEST TEXAS AVENUE
SUITE 100
MIDLAND
TX
79701
0
1
0
0
CAO, Exec. VP, Assist. Sec.
0
Common Stock
2024-03-01
4
A
0
4618
0
A
79337
D
Common Stock
2024-03-01
4
A
0
38810
0
A
118147
D
Common Stock
2024-03-01
4
F
0
17135
182.52
D
101012
D
Common Stock
2024-03-01
4
F
0
905
182.52
D
100107
D
Common Stock
2024-03-01
4
F
0
904
182.52
D
99203
D
Common Stock
2024-03-01
4
F
0
680
182.52
D
98523
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, 2024.
These securities are performance-based restricted stock units for the performance period from January 1, 2021 to December 31, 2023 that were granted under the issuer's equity incentive plan on March 1, 2021. All of these performance-based restricted stock units vested as of December 31, 2023 upon certification by the issuer's compensation committee of the applicable performance conditions on February 16, 2024.
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 1, 2021 and vested upon certification by the issuer's compensation committee on February 16, 2024. 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 29, 2024.
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, 2024 of the third tranche of the time-based restricted stock units granted to the reporting person on March 1, 2022. 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 29, 2024.
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, 2024 of the second tranche of the time-based restricted stock units granted to the reporting person on March 1, 2023. 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 29, 2024.
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, 2024 of the first tranche of the time-based restricted stock units granted to the reporting person on March 1, 2024. 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 29, 2024.
/s/ Teresa L. Dick
2024-03-05