Home/Filings/4/0000899243-23-005836
4//SEC Filing

Brumfield Brian F. 4

Accession 0000899243-23-005836

CIK 0001587732other

Filed

Feb 21, 7:00 PM ET

Accepted

Feb 22, 4:06 PM ET

Size

9.3 KB

Accession

0000899243-23-005836

Insider Transaction Report

Form 4
Period: 2023-02-20
Transactions
  • Award

    Restricted Units 2023

    2023-02-20$81.79/sh+504$41,222504 total
    Common stock, par value $0.01 (504 underlying)
  • Award

    Performance Units 2023

    2023-02-20$81.79/sh+1,513$123,7481,513 total
    Common stock, par value $0.01 (1,513 underlying)
Footnotes (3)
  • [F1]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.
  • [F2](Continued from Footnote 1) 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.
  • [F3]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.

Issuer

ONE Gas, Inc.

CIK 0001587732

Entity typeother

Related Parties

1
  • filerCIK 0001951536

Filing Metadata

Form type
4
Filed
Feb 21, 7:00 PM ET
Accepted
Feb 22, 4:06 PM ET
Size
9.3 KB