Eduardo A. Rodriguez - 27 May 2021 Form 4 Insider Report for ONE Gas, Inc. (OGS)

Role: Director
Signature: /s/ Brian K. Shore, Attorney-in-Fact for Eduardo A. Rodriguez
Issuer symbol: OGS
Transactions as of: 27 May 2021
Net transactions value: +$114,912
Form type: 4
Filing time: 01 Jun 2021, 16:05:57 UTC
Previous filing: 01 Jun 2021
Next filing: 10 Sep 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	OGS	Common stock, par value $0.01	Award	$86,221	+1,151	+12%	$74.91	10,516	27 May 2021	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	OGS	Phantom Stock	Award	$28,691	+383	+18%	$74.91	2,479	27 May 2021	Common stock, par value $0.01	383		Direct	F2, F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Annual stock retainer shares are issued under ONE Gas' Equity Compensation Plan.
F2	Shares of phantom stock are convertible into ONE Gas' common stock on a 1-for-1 ratio.
F3	Annual cash and/or stock retainer elected to be deferred to phantom stock under ONE Gas' Deferred Compensation Plan for Non-Employee Directors.
F4	Phantom stock is accrued under ONE Gas' Deferred Compensation Plan for Non-Employee Directors (the "Plan") and is settled in shares of ONE Gas common stock at the distribution date described in the Plan.