Brumfield Brian F. 4
4 · ONE Gas, Inc. · Filed Feb 21, 2024
Insider Transaction Report
Form 4
Brumfield Brian F.
See Remarks
Transactions
- Award
Performance Units 2024
2024-02-19$60.74/sh+2,037$123,727→ 2,037 total→ Common stock, par value $0.01 (2,037 underlying) - Award
Restricted Units 2024
2024-02-19$60.74/sh+679$41,242→ 679 total→ Common stock, par value $0.01 (679 underlying)
Footnotes (2)
- [F1]Performance units awarded under the Issuer's Amended and Restated Equity Compensation Plan (2018). The award will vest on February 13, 2027, 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, 2024, through December 31, 2026, in accordance with the terms of the Performance Unit Award Agreement. During the 3-year vesting period, the award will be credited with dividend equivalents that will be paid out at the time the underlying units 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.
- [F2]Restricted units awarded under the Issuer's Amended and Restated Equity Compensation Plan (2018). The award vests on February 13, 2027, in accordance with the terms of the Restricted Unit Award Agreement. During the 3-year vesting period, the award will be credited with dividend equivalents that will be paid out at the time the underlying units 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.