Travis D. Stice - 28 May 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
Issuer symbol
RTLR
Transactions as of
28 May 2021
Transactions value $
-$96,247
Form type
4
Filing time
02 Jun 2021, 16:08:29 UTC
Previous filing
07 May 2021
Next filing
02 Jun 2021
SEC
View on sec.gov

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 28 May 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.