Steven E. West - Aug 24, 2022 Form 4 Insider Report for RATTLER MIDSTREAM LP (RTLR)

Role: Director
Signature: /s/ Teresa L. Dick as attorney-in-fact for Steven E. West
Stock symbol: RTLR
Transactions as of: Aug 24, 2022
Transactions value $: $0
Form type: 4
Date filed: 8/24/2022, 05:13 PM
Previous filing: Jul 13, 2022
Next filing: Jun 12, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RTLR	Common units representing limited partner interests	Disposed to Issuer		-36.4K	-100%		0	Aug 24, 2022	Direct	F1

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

Steven E. West is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	Pursuant to that certain Agreement and Plan of Merger dated May 15, 2022 by and among the Issuer, Diamondback Energy, Inc. ("Diamondback"), Rattler Midstream GP LLC, the general partner of Issuer, and Bacchus Merger Sub Company, a wholly owned subsidiary of Diamondback ("Merger Sub"), on August 24, 2022, Merger Sub merged with and into the Issuer, with the Issuer surviving as an indirect, wholly owned subsidiary of Diamondback (the "Merger"). At the effective time of the Merger, each outstanding Common Unit held by the Reporting Person was converted into the right to receive 0.113 shares of common stock, par value $0.01 per share, of Diamondback.

Content

Pursuant to that certain Agreement and Plan of Merger dated May 15, 2022 by and among the Issuer, Diamondback Energy, Inc. ("Diamondback"), Rattler Midstream GP LLC, the general partner of Issuer, and Bacchus Merger Sub Company, a wholly owned subsidiary of Diamondback ("Merger Sub"), on August 24, 2022, Merger Sub merged with and into the Issuer, with the Issuer surviving as an indirect, wholly owned subsidiary of Diamondback (the "Merger"). At the effective time of the Merger, each outstanding Common Unit held by the Reporting Person was converted into the right to receive 0.113 shares of common stock, par value $0.01 per share, of Diamondback.