0001539838-24-000003.txt : 20240103
0001539838-24-000003.hdr.sgml : 20240103
20240103171719
ACCESSION NUMBER: 0001539838-24-000003
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20231231
FILED AS OF DATE: 20240103
DATE AS OF CHANGE: 20240103
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Stice Travis D.
CENTRAL INDEX KEY: 0001559933
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35700
FILM NUMBER: 24508142
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_1704320218.xml
FORM 4
X0508
4
2023-12-31
0
0001539838
Diamondback Energy, Inc.
FANG
0001559933
Stice Travis D.
500 WEST TEXAS AVENUE
SUITE 100
MIDLAND
TX
79701
1
1
0
0
Chief Executive Officer
0
Common Stock
2023-12-31
4
G
0
57800
0
D
446242
I
By Stice Investments, Ltd.
Represents an estimated number of shares of the issuer's common stock held by Stice Investments, Ltd., which are subject to the gift by Mr. Stice to the Stice 2023 Family Trust, of which Mr. Stice's spouse is the sole trustee and primary beneficiary and his adult children are secondary beneficiaries. Effective as of December 31, 2023, Mr. Stice gifted an estimated 14% limited partner interest in Stice Investments, Ltd., which interest was owned by Mr. Stice as of that date as his sole and separate property, to the Stice 2023 Family Trust pursuant to the gift assignment executed on December 14, 2023, to be effective as of December 31, 2023, during the issuer's open trading window, subject to the third party valuation of the fair market value of the gifted interest as of December 31, 2023, which was not determinable as of December 14, 2023 and determinable as of December 31, 2023 upon completion of the final valuation.
Stice Investments, Ltd., is managed by Stice Management, LLC, its general partner. Mr. Stice and his spouse hold 100% of the membership interests in Stice Management, LLC, of which Mr. Stice is the manager. Mr. Stice may be deemed to share beneficial ownership of securities beneficially owned by his spouse and, as a result, the gifted shares continue to be reported as indirectly beneficially owned by Mr. Stice following the reported transaction. Mr. Stice, however, disclaims beneficial ownership of the gifted shares, except to the extent of his actual pecuniary interest therein.
/s/ Teresa L. Dick, as attorney-in-fact for Travis D. Stice
2024-01-03