Diamondback Energy, Inc. - 19 Aug 2025 Form 3 Insider Report for Viper Energy, Inc.

Signature
/s/ Teresa L. Dick as Executive Vice President, Chief Accounting Officer and Assistant Secretary of Diamondback Energy, Inc.
Issuer symbol
VNOM on Nasdaq
Transactions as of
19 Aug 2025
Net transactions value
$0
Form type
3
Filing time
19 Aug 2025, 18:14:31 UTC
Previous filing
05 May 2025
Next filing
05 Mar 2026

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. 19 Aug 2025 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
holding VNOM Class B Common Stock 19 Aug 2025 Class A Common Stock 77,364,925 Direct F1
holding VNOM Operating Company Units 19 Aug 2025 Class A Common Stock 77,364,925 Direct F1
holding VNOM Class B Common Stock 19 Aug 2025 Class A Common Stock 69,626,640 See Footnote F1, F2
holding VNOM Operating Company Units 19 Aug 2025 Class A Common Stock 69,626,640 See footnote F1, F2
holding VNOM Class B Common Stock 19 Aug 2025 Class A Common Stock 8,066,528 See footnote F1, F3
holding VNOM Operating Company Units 19 Aug 2025 Class A Common Stock 8,066,528 See Footnote F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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 Viper Energy, Inc. (f/k/a New Cobra Pubco, 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 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.
F3 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.

Remarks:

In accordance with the completion of the transactions contemplated by the Agreement and Plan of Merger (the "Merger Agreement"), dated as of June 2, 2025, by and among VNOM Sub, Inc. (f/k/a Viper Energy, Inc.) ("Former Viper"), Viper Energy, Inc. (f/k/a New Cobra Pubco, Inc.) ("New Viper") and the other parties thereto, on August 19, 2025, shares of Class A common stock, par value $0.000001 per share, of Former Viper (and awards of restricted stock units in respect of such Class A common stock), were converted into an equivalent number of shares of Class A common stock, par value $0.000001 per share, of New Viper (and awards of restricted stock units in respect of such Class A common stock), in each case, in accordance with the terms of the Merger Agreement.