Diamondback Energy, Inc. - Aug 19, 2025 Form 4 Insider Report for VNOM Sub, Inc. (VNOM)

Signature
/s/ Teresa L. Dick as Executive Vice President, Chief Accounting Officer and Assistant Secretary of Diamondback Energy, Inc.
Stock symbol
VNOM
Transactions as of
Aug 19, 2025
Transactions value $
$0
Form type
4
Date filed
8/19/2025, 06:11 PM
Previous filing
May 5, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Diamondback Energy, Inc. Director by Deputization, 10%+ Owner 500 WEST TEXAS AVENUE, SUITE 100, MIDLAND /s/ Teresa L. Dick as Executive Vice President, Chief Accounting Officer and Assistant Secretary of Diamondback Energy, Inc. 2025-08-19 0001539838

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction VNOM Class B Common Stock Disposed to Issuer -77.4M -100% 0 Aug 19, 2025 Class A Common Stock 77.4M Direct F1, F2
transaction VNOM Operating Company Units Disposed to Issuer -77.4M -100% 0 Aug 19, 2025 Class A Common Stock 77.4M Direct F1, F2
transaction VNOM Class B Common Stock Disposed to Issuer -69.6M -100% 0 Aug 19, 2025 Class A Common Stock 69.6M $0.00 See Footnote F1, F2, F3
transaction VNOM Operating Company Units Disposed to Issuer -69.6M -100% 0 Aug 19, 2025 Class A Common Stock 69.6M $0.00 See footnote F1, F2, F3
transaction VNOM Class B Common Stock Disposed to Issuer -8.07M -100% 0 Aug 19, 2025 Class A Common Stock 8.07M See Footnote F1, F2, F4
transaction VNOM Operating Company Units Disposed to Issuer -8.07M -100% 0 Aug 19, 2025 Class A Common Stock 8.07M See footnote F1, F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Diamondback Energy, Inc. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 These derivatives securities are represented by (i) shares of Class B Common Stock, par value $0.000001 per share (the "Class B Common Stock"), of VNOM Sub, Inc. (f/k/a Viper Energy, Inc.) (the "Issuer") and (ii) an equal number of units representing limited liability company interests ("Operating Company Units") in Viper Energy Partners LLC, the Issuer's operating company (the "Operating Company"). The Operating Company Units and shares of Class B Common Stock are exchangeable from time to time, at the discretion of their holders, for an equivalent number of shares of the Issuer's Class A common stock, par value $0.000001 per share (the "Class A Common Stock") (that is, one Operating Company Unit and one share of Class B Common Stock, together, are exchangeable for one share of Class A Common Stock).
F2 Pursuant to the Agreement and Plan of Merger (the "Sitio Merger Agreement"), dated June 2, 2025, by and among VNOM Sub, Inc. (f/k/a Viper Energy, Inc.) ("Viper"), Sitio Royalties Corp., Sitio Royalties Operating Partnership, LP, a subsidiary of Sitio, Viper Energy, Inc. (f/k/a New Cobra Pubco Inc.), a wholly owned subsidiary of Viper ("New Viper"), Cobra Merger Sub, Inc., a wholly owned subsidiary of New Viper ("Viper Merger Sub") and Scorpion Merger Sub, Inc., a wholly owned subsidiary of New Viper, upon close of the Sitio Merger Agreement Viper Merger Sub will merge with and into Viper, with Viper continuing as the surviving corporation and a wholly owned subsidiary of New Viper (the "Viper Pubco Merger"). At the effective time of the Viper Pubco Merger, each share of Viper's Class A Common Stock then issued and outstanding will be cancelled and automatically converted into one share of New Viper's Class A common stock.
F3 69,626,640 shares of Class B Common Stock and 69,626,640 Operating Company Units are held by Endeavor Energy Resources, L.P., a wholly-owned subsidiary of the Reporting Person.
F4 8,066,528 shares of Class B Common Stock and 8,066,528 Operating Company Units are held by Diamondback E&P LLC, a wholly-owned subsidiary of the Reporting Person.