ONE Gas, Inc. — Director's Dealing 2014

Aug 5, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ONE Gas, Inc. (OGS)
CIK: 0001587732
Period of Report: 2014-07-31

Reporting Person: GIBSON JOHN WILLIAM (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-07-31	Common stock, par value $0.01	C	50889	$36.28	Acquired	241674	Direct
2014-07-31	Common stock, par value $0.01	F	18800	$36.28	Disposed	222873	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-07-31	Deferred Performance Award/Phantom Stock	$	C	50889	Disposed		Common Stock, par value $0.01 (50889)	Direct

Footnotes

F1: Performance units awarded under the ONEOK, Inc. ("ONEOK") Equity Compensation Plan on January 18, 2007, and January 17, 2008, were deferred and reporting person received one share of ONE Gas, Inc. ("ONE Gas") common stock for every four shares of ONEOK common stock as a result of the separation of ONE Gas on January 31, 2014. On July 31, 2014, the deferred award and credited dividend equivalents became payable to the reporting person. The reporting person surrendered 18,800 shares to cover taxes. Since January 31, 2014, the reporting person earned 393 in dividend equivalents.