23 June 2014director interest notice● Neutral
VNOM Sub, Inc. VP-Reservoir Engineering Pantermuehl Russell received a stock option grant for 250,000 shares.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
23 June 2014asset acquisition disposition● NeutralMajor
The company (filing as Viper Energy Partners LP) closed its first public offering of common units on June 23, 2014: 5,000,000 units at $26.00 each, with the 750,000-unit over-allotment option exercised in full on June 19. Net proceeds of about $137.5 million were paid as a distribution to Diamondback Energy, the Sponsor, not kept by the company. After the closing Diamondback owns 70,450,000 units, about 92% of the partnership, and controls the general partner. The filing also records a long-term incentive plan (up to 9,144,000 units), 2,000,000 unit options granted to executive officers, and a $500,000 annual advisory agreement with Wexford Capital.
23 June 2014director interest notice● Neutral
VNOM Sub, Inc. CFO, Senior VP and Assist. Sec Dick Teresa L. received a stock option grant for 125,000 shares.
23 June 2014director interest notice● Neutral
VNOM Sub, Inc. VP, GC and Secretary Randall J Holder received a stock option grant for 125,000 shares.
23 June 2014director interest notice● Neutral
VNOM Sub, Inc. Chief Executive Officer Stice Travis D. received a stock option grant for 1,250,000 shares.
18 June 2014director interest notice● Neutral
Rubin James L. became a VNOM Sub, Inc. director and company insider (initial ownership filing).
18 June 2014securities registration● Neutral
VNOM Sub, Inc. filed the final prospectus for a registered offering.
18 June 2014securities registration● Neutral
VNOM Sub, Inc. filed a free-writing prospectus - marketing material for an offering in progress.
17 June 2014director interest notice● Neutral
Diamondback Energy, INC. became a VNOM Sub, Inc. 10%+ owner and company insider (initial ownership filing).
17 June 2014listing compliance notice▲ GoodMajor
Nasdaq certified VNOM Sub, Inc.'s securities for listing, clearing them to begin trading.
17 June 2014director interest notice● Neutral
Viper Energy Partners Gp LLC became a VNOM Sub, Inc. director and company insider (initial ownership filing).
17 June 2014director interest notice● Neutral
Steven E West became a VNOM Sub, Inc. director and company insider (initial ownership filing).
9 June 2014securities registration● Neutral
VNOM Sub, Inc. amended a filing by which it registered a securities offering with the SEC.
29 May 2014securities registration● Neutral
VNOM Sub, Inc. amended a filing by which it registered a securities offering with the SEC.
7 May 2014securities registration● Neutral
VNOM Sub, Inc. registered a securities offering with the SEC.
21 Mar 2014securities registration● Neutral
VNOM Sub, Inc. confidentially submitted a draft registration statement to the SEC.