4//SEC Filing
Shortridge William Kent 4
Accession 0000899243-23-005832
CIK 0001587732other
Filed
Feb 21, 7:00 PM ET
Accepted
Feb 22, 4:05 PM ET
Size
21.2 KB
Accession
0000899243-23-005832
Insider Transaction Report
Form 4
Shortridge William Kent
See Remarks
Transactions
- Award
Restricted Units 2023
2023-02-20$81.79/sh+489$39,995→ 489 total→ Common stock, par value $0.01 (489 underlying) - Tax Payment
Common stock, par value $0.01
2023-02-20$81.79/sh−347$28,381→ 8,573 total - Exercise/Conversion
Common stock, par value $0.01
2023-02-20$81.79/sh+369$30,181→ 8,942 total - Exercise/Conversion
Restricted Units 2020
2023-02-20$81.79/sh−338$27,645→ 0 total→ Common stock, par value $0.01 (338 underlying) - Award
Performance Units 2023
2023-02-20$81.79/sh+1,956$159,981→ 1,956 total→ Common stock, par value $0.01 (1,956 underlying) - Exercise/Conversion
Performance Units 2020
2023-02-20$81.79/sh−1,013$82,853→ 0 total→ Common stock, par value $0.01 (1,013 underlying) - Exercise/Conversion
Common stock, par value $0.01
2023-02-20$81.79/sh+732$59,870→ 8,920 total - Tax Payment
Common stock, par value $0.01
2023-02-20$81.79/sh−175$14,313→ 8,767 total
Footnotes (5)
- [F1]Performance units awarded under Issuer's Amended and Restated Equity Compensation Plan (2018). The award vested on February 18, 2023, and was certified by the Executive Compensation Committee of the Board of Directors on February 20, 2023. The award vested in an amount equal to 66% of the performance units awarded based upon Issuer's total shareholder return compared to total shareholder return of a selected peer group plus accrued dividends of 63 shares. The award was payable one share of Issuer's common stock for each vested performance unit and accrued dividends.
- [F2]Restricted units awarded under Issuer's Amended and Restated Equity Compensation Plan (2018). The award vested on February 18, 2023. The award was payable one share of Issuer's common stock for each vested restricted unit and accrued dividends of 31 shares.
- [F3]Performance units awarded under the Issuer's Amended and Restated Equity Compensation Plan (2018). The award will vest on February 14, 2026, for a percentage (0% to 200%) of the performance units awarded based upon the Issuer's total shareholder return compared to total stockholder return of a selected peer group over the performance period from January 1, 2023, through December 31, 2025. The total shareholder return beginning stock price for the performance period is the average of the closing stock price for the 20 trading days immediately preceding the beginning of the performance period. The total shareholder return ending stock price for the performance period is the average of the closing price for the 20 trading days leading up to and including the last day of the performance period.
- [F4](Continued from Footnote 3) During the 3-year vesting period, the award will be credited with dividend equivalents that will be paid out in shares of common stock at the time the underlying units vest and shares are issued. The award and credited dividend equivalents will be payable one share of the Issuer's common stock for each vested performance unit and dividend equivalent.
- [F5]Restricted units awarded under the Issuer's Amended and Restated Equity Compensation Plan (2018). The award vests on February 14, 2026. During the 3-year vesting period, the award will be credited with dividend equivalents that will be paid out in shares of common stock at the time the underlying units vest and are issued. The award and credited dividend equivalents will be payable one share of the Issuer's common stock for each vested restricted unit and dividend equivalent.
Documents
Issuer
ONE Gas, Inc.
CIK 0001587732
Entity typeother
Related Parties
1- filerCIK 0001916652
Filing Metadata
- Form type
- 4
- Filed
- Feb 21, 7:00 PM ET
- Accepted
- Feb 22, 4:05 PM ET
- Size
- 21.2 KB