JOHN WILLIAM GIBSON - 26 May 2022 Form 4 Insider Report for ONE Gas, Inc. (OGS)

Role
Director
Signature
/s/ Brian K. Shore, Attorney-in-Fact for John W. Gibson
Issuer symbol
OGS
Transactions as of
26 May 2022
Net transactions value
+$130,000
Form type
4
Filing time
31 May 2022, 16:23:53 UTC
Previous filing
27 May 2022
Next filing
30 May 2023
SEC
View on sec.gov

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 $130,000 +1,471 +9.4% $88.38 17,199 26 May 2022 Common stock, par value $0.01 1,471 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of phantom stock are convertible into ONE Gas' common stock on a 1-for-1 ratio.
F2 Annual cash and/or stock retainer elected to be deferred to phantom stock under ONE Gas' Deferred Compensation Plan for Non-Employee Directors.
F3 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.