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Diamondback Energy Inc.

09/24/2024 | Press release | Distributed by Public on 09/24/2024 19:54

Statement of Changes in Beneficial Ownership - Form 4

Ownership Submission
FORM 4
Check this box if no longer subject to Section 16, Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
Greth Lyndal
2. Issuer Name and Ticker or Trading Symbol
Diamondback Energy, Inc. [FANG]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O KATTEN MUCHIN ROSENMAN LLP , 2121 N. PEARL STREET, SUITE 1100
3. Date of Earliest Transaction (Month/Day/Year)
(Street)
DALLAS TX 75201
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Join/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code 4. Securities Acquired (A) or Disposed of (D) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) 6. Ownership Form: Direct (D) or Indirect (I) 7. Nature of Indirect Beneficial Ownership
Code V Amount (A) or (D) Price
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code 5. Number of Derivative Securities Acquired (A) or Disposed of (D) 6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security 8. Price of Derivative Security 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) 11. Nature of Indirect Beneficial Ownership
Code V (A) (D) Date Exercisable Expriation Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Greth Lyndal
C/O KATTEN MUCHIN ROSENMAN LLP
2121 N. PEARL STREET, SUITE 1100
DALLAS, TX75201



ACS Capital Management, LLC
C/O KATTEN MUCHIN ROSENMAN LLP
2121 N. PEARL STREET, SUITE 1100
DALLAS, TX75201



ACS Capital Holdings, LP
C/O KATTEN MUCHIN ROSENMAN LLP
2121 N. PEARL STREET, SUITE 1100
DALLAS, TX75201



Stephens Family Trust
C/O KATTEN MUCHIN ROSENMAN LLP
2121 N. PEARL STREET, SUITE 1100
DALLAS, TX75201



Stephens Family Trust #2
C/O KATTEN MUCHIN ROSENMAN LLP
2121 N. PEARL STREET, SUITE 1100
DALLAS, TX75201



SFT Management, LLC
C/O KATTEN MUCHIN ROSENMAN LLP
2121 N. PEARL STREET, SUITE 1100
DALLAS, TX75201



SFT 1 Holdings, LLC
C/O KATTEN MUCHIN ROSENMAN LLP
2121 N. PEARL STREET, SUITE 1100
DALLAS, TX75201



SFT 2 Holdings, LLC
C/O KATTEN MUCHIN ROSENMAN LLP
2121 N. PEARL STREET, SUITE 1100
DALLAS, TX75201



Autry Stephens Management Trust
C/O KATTEN MUCHIN ROSENMAN LLP
2121 N. PEARL STREET, SUITE 1100
DALLAS, TX75201



Endeavor Manager, LLC
C/O KATTEN MUCHIN ROSENMAN LLP
2121 N. PEARL STREET, SUITE 1100
DALLAS, TX75201



Signatures

/s/ Lyndal Stephens Greth Attorney-in-fact 2024-09-23
**Signature of Reporting Person Date

Explanation of Responses:

(*) If the form is filed by more than one reporting person, see Instruction 5(b)(v).
(**) Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) By ACS Capital Holdings, LP. Lyndal Stephens Greth is the sole trustee of the Autry Stephens Management Trust dated March 20, 2018, as amended, and the sole manager of ACS Capital Management, LLC. ACS Capital Management, LLC is the general partner, and the Autry Stephens Management Trust is the sole limited partner of ACS Capital Holdings, LP. Lyndal Stephens Greth has voting and dispositive power over the shares held directly by ACS Capital Holdings, LP.
(2) By Endeavor Manager, LLC. Lyndal Stephens Greth is the sole trustee of the Autry Stephens Management Trust dated March 20, 2018, as amended, and the sole manager of ACS Capital Management, LLC. ACS Capital Management, LLC is the general partner, and the Autry Stephens Management Trust is the sole limited partner of ACS Capital Holdings, LP. ACS Capital Holdings, LP is the sole member of Endeavor Manager, LLC. Lyndal Stephens Greth has voting and dispositive power over the shares held directly by Endeavor Manager, LLC.
(3) By SFT 1 Holdings, LLC. Lyndal Stephens Greth is the sole Investment Direction Adviser who may direct investment decisions of the Stephens Family Trust, a directed trust, a co-trustee of the Stephens Family Trust, and the sole member and manager of SFT Management, LLC. The Stephens Family Trust is the sole member of SFT 1 Holdings, LLC. SFT Management, LLC is the sole manager of SFT 1 Holdings, LLC. Lyndal Stephens Greth has voting and dispositive power over the shares held directly by SFT 1 Holdings, LLC.
(4) By SFT 2 Holdings, LLC. Lyndal Stephens Greth is the sole Investment Direction Adviser who may direct investment decisions of the Stephens Family Trust #2, a directed trust, a co-trustee of the Stephens Family Trust #2, and the sole member and manager of SFT Management, LLC. The Stephens Family Trust #2 is the sole member of SFT 2 Holdings, LLC. SFT Management, LLC is the sole manager of SFT 2 Holdings, LLC. Lyndal Stephens Greth has voting and dispositive power over the shares held directly by SFT 2 Holdings, LLC.
(5) Lyndal Stephens Greth may be deemed to beneficially own the shares of Company Common Stock beneficially owned by each of the Reporting Persons but disclaims beneficial ownership except to the extent of her pecuniary interest therein.
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.