Michael P. Cross - Jun 3, 2021 Form 4 Insider Report for Diamondback Energy, Inc. (FANG)

Role: Director
Signature: /s/ Teresa L. Dick, as attorney-in-fact for Michael P. Cross
Stock symbol: FANG
Transactions as of: Jun 3, 2021
Transactions value $: $0
Form type: 4
Date filed: 6/7/2021, 05:06 PM
Next filing: Nov 10, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FANG	Common Stock	Award	$0	+2.44K	+14.47%	$0.00	19.3K	Jun 3, 2021	By Michael P. Cross Revocable Trust	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These securities are restricted stock units, each representing a contingent right to receive one share of common stock, par value $0.01 per share, of the issuer. These restricted stock units were granted to Mr. Cross as an annual non-employee director grant under the issuer's equity incentive plan and will vest on the earlier of the one-year anniversary of the date of grant and the date of the 2022 annual meeting of stockholders of the issuer.
F2	These securities are held in the Michael P. Cross Revocable Trust, dated 7-21-14, of which Mr. Cross and Catherine Y. Cross are co-trustees.

Content

These securities are restricted stock units, each representing a contingent right to receive one share of common stock, par value $0.01 per share, of the issuer. These restricted stock units were granted to Mr. Cross as an annual non-employee director grant under the issuer's equity incentive plan and will vest on the earlier of the one-year anniversary of the date of grant and the date of the 2022 annual meeting of stockholders of the issuer.

These securities are held in the Michael P. Cross Revocable Trust, dated 7-21-14, of which Mr. Cross and Catherine Y. Cross are co-trustees.