4//SEC Filing
McDavid Andrew Dax 4
Accession 0000899243-23-007013
CIK 0001949543other
Filed
Mar 2, 7:00 PM ET
Accepted
Mar 3, 5:02 PM ET
Size
8.3 KB
Accession
0000899243-23-007013
Insider Transaction Report
Form 4
McDavid Andrew Dax
See Remarks
Transactions
- Award
Class A Common Stock
2023-03-01+22,331→ 196,057 total - Award
Performance Stock Units
2023-03-01+66,993→ 66,993 total→ Class A Common Stock (66,993 underlying)
Footnotes (2)
- [F1]Represents restricted stock units ("RSUs") granted to the reporting person pursuant to the Sitio Royalties Corp. Long Term Incentive Plan (the "LTIP"). Each RSU represents a contingent right to receive one share of Sitio Royalties Corp.'s Class A common stock, par value $0.0001 per share ("Common Stock"). The RSUs will vest in equal one-third installments on each of the first three anniversaries of March 1, 2023, subject to the reporting person's continuous service through each vesting date.
- [F2]Represents performance stock units ("PSUs") granted to the reporting person pursuant to the LTIP in respect of calendar year 2023. Each PSU represents the right to receive one share of Common Stock. The PSUs will be eligible to be earned by the reporting person based on achievement with respect to an annualized absolute total shareholder return performance goal over a three-year performance period beginning with the last 20 trading days of 2022 through the last 20 trading days of 2025, subject to the reporting person's continuous service through the end of such performance period. The number of PSUs indicated reflects the "target" number of PSUs granted to the reporting person and the number of PSUs earned could range from 0% to 200% of such target number.
Documents
Issuer
Sitio Royalties Corp.
CIK 0001949543
Entity typeother
Related Parties
1- filerCIK 0001960546
Filing Metadata
- Form type
- 4
- Filed
- Mar 2, 7:00 PM ET
- Accepted
- Mar 3, 5:02 PM ET
- Size
- 8.3 KB