0001539838-24-000046.txt : 20240305 0001539838-24-000046.hdr.sgml : 20240305 20240305174018 ACCESSION NUMBER: 0001539838-24-000046 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: 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: 24722688 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_1709678398.xml FORM 4 X0508 4 2024-03-01 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 2024-03-01 4 A 0 7883 0 A 69685 D Common Stock 2024-03-01 4 A 0 29108 0 A 98793 D Common Stock 2024-03-01 4 F 0 11469 182.52 D 87324 D Common Stock 2024-03-01 4 F 0 908 182.52 D 86416 D Common Stock 2024-03-01 4 F 0 1163 182.52 D 85253 D Common Stock 2024-03-01 4 F 0 1035 182.52 D 84218 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 as attorney-in-fact for Daniel N. Wesson 2024-03-05