0000899243-20-001184.txt : 20200114
0000899243-20-001184.hdr.sgml : 20200114
20200114181352
ACCESSION NUMBER: 0000899243-20-001184
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200110
FILED AS OF DATE: 20200114
DATE AS OF CHANGE: 20200114
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Kleckner James J.
CENTRAL INDEX KEY: 0001577887
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36463
FILM NUMBER: 20526949
MAIL ADDRESS:
STREET 1: 1201 LAKE ROBBINS DRIVE
CITY: THE WOODLANDS
STATE: TX
ZIP: 77380
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Parsley Energy, Inc.
CENTRAL INDEX KEY: 0001594466
STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311]
IRS NUMBER: 464314192
STATE OF INCORPORATION: TX
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 303 COLORADO STREET
STREET 2: SUITE 3000
CITY: AUSTIN
STATE: TX
ZIP: 78701
BUSINESS PHONE: (737) 704-2300
MAIL ADDRESS:
STREET 1: 303 COLORADO STREET
STREET 2: SUITE 3000
CITY: AUSTIN
STATE: TX
ZIP: 78701
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2020-01-10
0
0001594466
Parsley Energy, Inc.
PE
0001577887
Kleckner James J.
303 COLORADO STREET, SUITE 3000
AUSTIN
TX
78701
1
0
0
0
Class A common stock
2020-01-10
4
A
0
356037
A
356037
D
Class A common stock
2020-01-10
4
F
0
125603
18.44
D
230434
D
Class A common stock
2020-01-10
4
A
0
3589
0.00
A
234023
D
This Form 4 reports securities acquired in connection with the merger contemplated by that certain Agreement and Plan of Merger, dated as of October 14, 2019, by and among Jagged Peak Energy Inc. ("Jagged Peak"), Parsley Energy, Inc. ("Parsley") and Jackal Merger Sub, Inc. ("Merger Sub") (the "Merger Agreement"). On January 10, 2020 (the "Effective Time"), Merger Sub merged with and into Jagged Peak, with Jagged Peak surviving the merger as a wholly owned subsidiary of Parsley (the "Merger"), and each outstanding share of common stock, par value $0.01 per share, of Jagged Peak ("Jagged Peak common stock"), was converted automatically into the right to receive 0.447 shares of Class A common stock, par value $0.01 per share, of Parsley (the "Parsley Class A common stock") (the "Exchange Ratio"), with cash paid in lieu of the issuance of any fractional shares of Parsley Class A common stock.
(Continued from footnote 1) The Parsley Class A common stock acquired by the Reporting Person is reported above, and is the sum of (a) 255,423 shares of Parsley Class A common stock acquired as a result of the Merger and (b) 100,614 shares of Parsley Class A common stock acquired as a result of the early acceleration of vesting of certain Jagged Peak restricted stock units assumed by Parsley pursuant to the Merger Agreement and automatically converted into the right to receive Parsley Class A common stock. On the trading day immediately prior to the Effective Time, the closing price of Parsley Class A common stock was $18.44 per share.
Represents shares of Parsley Class A common stock surrendered to cover the tax withholding obligation of the Reporting Person upon settlement of (a) Jagged Peak performance stock units converted into the right to receive a number of shares of Parsley Class A common stock after applying the Exchange Ratio, as contemplated by the Merger Agreement, and (b) Jagged Peak restricted stock units assumed by Parsley pursuant to the Merger Agreement, and is the sum of (i) 81,352 shares of Parsley Class A common stock surrendered relating to the tax withholding obligation in connection with the settlement of Jagged Peak performance stock units converted into the right to receive a number of shares of Parsley Class A common stock after applying the Exchange Ratio, as contemplated by the Merger Agreement,
(Continued from footnote 3) and (ii) 44,251 shares of Parsley Class A common stock surrendered relating to the tax withholding obligation in connection with the settlement of Jagged Peak restricted stock units assumed by Parsley pursuant to the Merger Agreement.
Restricted Stock Unit Award pursuant to the Parsley Energy, Inc. 2014 Long Term Incentive Plan. The award vests in full on May 24, 2020.
/s/ James J. Kleckner, by Colin W. Roberts, as Attorney-in-Fact
2020-01-14