X0306 4 2018-02-12 0 0001594466 Parsley Energy, Inc. PE 0001606914 Sheffield Bryan 303 COLORADO STREET, SUITE 3000 AUSTIN TX 78701 1 1 1 0 See Remarks Class A common stock 2018-02-12 4 A 0 60274 0.00 A 11281998 D Class A common stock 2018-02-12 4 A 0 134328 0.00 A 11416326 D Class A common stock 2018-02-12 4 F 0 46333 22.80 D 11369993 D Class A common stock 1711269 I By Sheffield Energy Management Class B common stock 20716573 D Class B common stock 1802178 I By Sheffield Energy Management Represents a grant of time-based restricted stock pursuant to the Parsley Energy, Inc. 2014 Long Term Incentive Plan ("LTIP"). The award will vest in full on the third anniversary of the grant date. Represents shares of Class A common stock earned pursuant to a performance-based restricted stock unit award granted on February 19, 2015, based upon attainment of the applicable performance conditions and adjustment of the target number of shares, as certified by the Compensation Committee on February 12, 2018. The Issuer withheld shares of Class A 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 February 19, 2015. The number of shares of Class A common stock withheld was determined based on the closing price of the Class A common stock on February 12, 2018. Mr. Sheffield has voting and dispositive power over these shares. 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. Chairman and Chief Executive Officer /s/ Bryan Sheffield, by Colin Roberts, as Attorney-in-Fact 2018-02-14