Travis D. Stice - May 28, 2021 Form 4 Insider Report for RATTLER MIDSTREAM LP (RTLR)

Role
Chief Executive Officer, Director
Signature
/s/ Teresa L. Dick, as attorney-in-fact for Travis D. Stice
Stock symbol
RTLR
Transactions as of
May 28, 2021
Transactions value $
-$96,247
Form type
4
Date filed
6/2/2021, 04:08 PM
Previous filing
May 7, 2021
Next filing
Jun 2, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RTLR Common units representing limited partner interests Tax liability -$96.2K -9K -4.59% $10.70 187K May 28, 2021 By Stice Investments, Ltd. F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The issuer withheld common units 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 one-fifth of the common units granted on May 28, 2019. The number of common units withheld was determined based on the closing price per unit of the issuer's common units on May 27, 2021.
F2 These securities are held by Stice Investments, Ltd., which is managed by Stice Management, LLC, its general partner. Mr. Stice and his spouse hold 100% of the membership interests in Stice Management, LLC, of which Mr. Stice is the manager.