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ONE Gas, Inc. — Director's Dealing 2021
Dec 29, 2021
31040_dirs_2021-12-29_2e2a75cd-e510-4b06-b913-588bfb5adfc9.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ONE Gas, Inc. (OGS)
CIK: 0001587732
Period of Report: 2021-12-27
Reporting Person: NORTON PIERCE (See Remarks)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-12-27 | Common stock, par value $0.01 | M | 3820 | $75.49 | Acquired | 264664 | Direct |
| 2021-12-27 | Common stock, par value $0.01 | F | 1695 | $75.49 | Disposed | 262969 | Direct |
| 2021-12-27 | Common stock, par value $0.01 | M | 1960 | $75.49 | Acquired | 264929 | Direct |
| 2021-12-27 | Common stock, par value $0.01 | F | 870 | $75.49 | Disposed | 264059 | Direct |
| 2021-12-27 | Common stock, par value $0.01 | M | 694 | $75.49 | Acquired | 264753 | Direct |
| 2021-12-27 | Common stock, par value $0.01 | F | 308 | $75.49 | Disposed | 264445 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-12-27 | Restricted Units 2019 | $ | M | 4527 | Disposed | Common stock, par value $0.01 (4527) | Direct | |
| 2021-12-27 | Restricted Units 2020 | $ | M | 4158 | Disposed | Common stock, par value $0.01 (4158) | Direct | |
| 2021-12-27 | Restricted Units 2021 | $ | M | 6053 | Disposed | Common stock, par value $0.01 (6053) | Direct |
Footnotes
F1: In conjunction with Mr. Norton's retirement on June 27, 2021, distribution of restricted units awarded under Issuer's Equity Compensation Plan. The restricted units vested on a pro-rata basis, determined by multiplying the number of restricted units awarded by a fraction, which fraction was equal to the number of full months which lapsed under the restricted period at the time of retirement (28 months) by the number of full months in the restricted period (36 months). The remaining 1,006 restricted units awarded were forfeited. The award vested on December 27, 2021, six months following the date of retirement, at the fair market value of issuer's stock on the date of retirement of $75.49. The award was payable one share of Issuer's common stock for each vested restricted unit and accrued dividends of 299 shares.
F2: In conjunction with Mr. Norton's retirement on June 27, 2021, distribution of restricted units awarded under Issuer's Equity Compensation Plan. The restricted units vested on a pro-rata basis, determined by multiplying the number of restricted units awarded by a fraction, which fraction was equal to the number of full months which lapsed under the restricted period at the time of retirement (16 months) by the number of full months in the restricted period (36 months). The remaining 2,310 restricted units awarded were forfeited. The award vested on December 27, 2021, six months following the date of retirement, at the fair market value of issuer's stock on the date of retirement of $75.49. The award was payable one share of Issuer's common stock for each vested restricted unit and accrued dividends of 112 shares.
F3: In conjunction with Mr. Norton's retirement on June 27, 2021, distribution of restricted units awarded under Issuer's Equity Compensation Plan. The restricted units vested on a pro-rata basis, determined by multiplying the number of restricted units awarded by a fraction, which fraction was equal to the number of full months which lapsed under the restricted period at the time of retirement (4 months) by the number of full months in the restricted period (36 months). The remaining 5,381 restricted units awarded were forfeited. The award vested on December 27, 2021, six months following the date of retirement, at the fair market value of issuer's stock on the date of retirement of $75.49. The award was payable one share of Issuer's common stock for each vested restricted unit and accrued dividends of 22 shares.