X0306 4 2016-08-22 0 0001594466 Parsley Energy, Inc. PE 0001606915 Gallagher Matthew 303 COLORADO STREET, SUITE 3000 AUSTIN TX 78701 0 1 0 0 See Remarks Class A common stock 2016-08-22 4 S 0 5400 33.74 D 637006 D Class A common stock 2016-08-23 4 S 0 30300 33.89 D 606706 D Class A common stock 2016-08-24 4 S 0 9300 33.83 D 597406 D Class B common stock 1000000 D The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.70 to $33.80, 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 ranges set forth in footnotes (1), (2) and (3) to this Form 4. The price reported in Colum 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.70 to $34.06, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.70 to $33.99, inclusive. 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. Vice President - Chief Operating Officer /s/ Matt Gallagher, by Colin Roberts, as Attorney-in-Fact 2016-08-24