Key facts
- This page summarizes Travis D. Stice's Form 4 filing for RATTLER MIDSTREAM LP.
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 24 Aug 2022, 17:11.
Travis D. Stice - 24 Aug 2022 Form 4 Insider Report for RATTLER MIDSTREAM LP
- Reporting relationship
- Chief Executive Officer, Director
- Issuer ticker
- N/A
- Reported as of
- 24 Aug 2022
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 24 Aug 2022, 17:11:25 UTC
- Prior SEC filing
- 01 Jun 2022
- Next SEC filing
- 12 Jan 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Teresa L. Dick, as attorney-in-fact for Travis D. Stice
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Travis D. Stice filed Form 4 for RATTLER MIDSTREAM LP on 24 Aug 2022.
Change
- Previous filing in this sequence was filed on 01 Jun 2022.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
RTLR
transaction
Common units representing limited partner interests
Disposed to Issuer
- Transaction value
- Shares
- -177,996
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 24 Aug 2022
- Ownership
- By Stice Investments, Ltd.
- Footnotes
- F1, F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Travis D. Stice is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 3 footnotes
Footnote 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 (the "Effective Time"), each outstanding Common Unit held by the Reporting Person was converted into the right to receive 0.113 shares (the "Exchange Ratio") of common stock, par value $0.01 per share ("Common Stock"), of Diamondback.
Footnote F2
Includes 45,715 phantom units granted under the Rattler Midstream LP Long-Term Incentive Plan that were converted, at the Effective Time, into an award of restricted stock units ("RSUs") relating to a number of shares of Common Stock, as adjusted by the Exchange Ratio. Such RSUs are scheduled to vest in two remaining substantially equal installments beginning on May 28, 2023.
Footnote F3
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.