0001539838-24-000110.txt : 20240529 0001539838-24-000110.hdr.sgml : 20240529 20240529160217 ACCESSION NUMBER: 0001539838-24-000110 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240528 FILED AS OF DATE: 20240529 DATE AS OF CHANGE: 20240529 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Wesson Daniel N CENTRAL INDEX KEY: 0001805429 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35700 FILM NUMBER: 24998239 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] 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_1717012929.xml FORM 4 X0508 4 2024-05-28 0 0001539838 Diamondback Energy, Inc. FANG 0001805429 Wesson Daniel N 500 WEST TEXAS AVENUE SUITE 100 MIDLAND TX 79701 0 1 0 0 Exec. VP & COO 0 Common Stock 2024-05-28 4 F 0 2541 193.46 D 75677 D Common Stock 2024-05-28 4 S 0 6000 197.1406 D 69677 D In connection with the issuer's acquisition of all of the outstanding publicly-held common units of Rattler Midstream LP ("Rattler") on August 24, 2022 (the "Rattler Merger"), each Rattler Phantom unit outstanding immediately prior to the effective time of the Rattler Merger under the Rattler Midstream LP Long-Term Incentive Plan was converted into the issuer's restricted stock unit award, as adjusted based on the merger exchange ratio. In connection with the vesting and settlement on May 28, 2024 of the last unvested tranche of the issuer's restricted stock units received by the reporting person in connection with the Rattler Merger, the issuer withheld shares of its common stock that would have otherwise been issuable to the reporting person to satisfy tax withholding obligations. The number of shares of common stock withheld was determined based on the closing price per share of the issuer's common stock on May 24, 2024. /s/ Teresa L. Dick as attorney-in-fact for Daniel N. Wesson 2024-05-29