4//SEC Filing
Smajstrla Dawn 4
Accession 0000950170-24-077908
CIK 0001949543other
Filed
Jun 25, 8:00 PM ET
Accepted
Jun 26, 4:35 PM ET
Size
8.0 KB
Accession
0000950170-24-077908
Insider Transaction Report
Form 4
Smajstrla Dawn
Chief Accounting Officer
Transactions
- Award
Performance Stock Units
2024-06-24+15,604→ 15,604 total→ Class A Common Stock (15,604 underlying) - Award
Class A Common Stock
2024-06-24+26,750→ 26,750 total
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 June 24, 2024, 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. 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 June 24, 2024 through June 24, 2027, 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 0001499188
Filing Metadata
- Form type
- 4
- Filed
- Jun 25, 8:00 PM ET
- Accepted
- Jun 26, 4:35 PM ET
- Size
- 8.0 KB