X0306 4 2016-06-02 0 0001594466 Parsley Energy, Inc. PE 0001606929 Hinson Mike 303 COLORADO STREET, SUITE 3000 AUSTIN TX 78701 0 1 0 0 Vice President-Land Class A common stock 2016-06-02 4 S 0 25000 26.40 D 746653 D Class B common stock 1537610 D The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Mr. Hinson. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.04 to $26.72, inclusive. The reporting person undertakes to provide to Parsley Energy, Inc., any security holder of Parsley Energy, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (2) to this Form 4. Each share of Class B common stock has no economic rights but entitles its holder to one vote on all matters to be voted on by stockholders generally. /s/ Mike Hinson, by Colin Roberts, as Attorney-in-Fact 2016-06-02