X0306 4 2015-02-04 0 0001594466 Parsley Energy, Inc. PE 0001606914 Sheffield Bryan 221 W. 6TH STREET, SUITE 750 AUSTIN TX 78701 1 1 1 0 Director, President and CEO Class A common stock 2015-02-04 4 S 0 42858 17.42 D 13197626 D Class A common stock 1711269 I By Sheffield Energy Management, LLC Class B common stock 22716573 D Class B common stock 1802178 I By Sheffield Energy Management, LLC The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Mr. Sheffield on November 19, 2014. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.96 to $17.71, 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 footnote (2) to this Form 4. 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. /s/ Bryan Sheffield, by Colin Roberts, as Attorney-in-Fact 2015-02-04