Christopher P. Sighinolfi - Jan 1, 2024 Form 3 Insider Report for ONE Gas, Inc. (OGS)

Role: Senior Vice President and Chief Financial Officer
Signature: /s/ Brian K. Shore, Attorney-in-Fact for Christopher P. Sighinolfi
Stock symbol: OGS
Transactions as of: Jan 1, 2024
Transactions value $: $0
Form type: 3
Date filed: 1/3/2024, 04:05 PM
Next filing: Feb 21, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	OGS	Common stock, par value $0.01						535	Jan 1, 2024	Direct

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

Type	Sym	Class	Date	Underlying Class	Amount	Ownership	Footnotes
holding	OGS	Performance Units 2021	Jan 1, 2024	Common stock, par value $0.01	1.44K	Direct	F1
holding	OGS	Performance Units 2022	Jan 1, 2024	Common stock, par value $0.01	1.36K	Direct	F1
holding	OGS	Performance Units 2023	Jan 1, 2024	Common stock, par value $0.01	1.61K	Direct	F1
holding	OGS	Restricted Units 2021	Jan 1, 2024	Common stock, par value $0.01	481	Direct	F2
holding	OGS	Restricted Units 2022	Jan 1, 2024	Common stock, par value $0.01	455	Direct	F2
holding	OGS	Restricted Units 2023	Jan 1, 2024	Common stock, par value $0.01	535	Direct	F2

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

Explanation of Responses:

Id	Content
F1	Performance units awarded under the Issuer's Amended and Restated Equity Compensation Plan (2018). The performance unit award for 2021, 2022 and 2023 vests on February 17, 2024, February 15, 2025, and February 14, 2026, respectively, for a percentage (0% to 200%) of the performance units awarded based upon the Issuer's total stockholder return compared to total stockholder return of a selected peer group. During the 3-year vesting period, the award will be credited with dividend equivalents that will be paid out in shares of common stock at the time the underlying units vest and shares are issued. The award and credited dividend equivalents will be payable one share of the Issuer's common stock for each vested performance unit and dividend equivalent.
F2	Restricted units awarded under the Issuer's Equity Compensation Plan. The restricted unit award for 2021, 2022 and 2023 vests on February 17, 2024, February 15, 2025, and February 14, 2026, respectively. During the 3-year vesting period, the award will be credited with dividend equivalents that will be paid out in shares of common stock at the time the underlying units vest and are issued. The award and credited dividend equivalents will be payable one share of the Issuer's common stock for each vested restricted unit and dividend equivalent.

Content

Performance units awarded under the Issuer's Amended and Restated Equity Compensation Plan (2018). The performance unit award for 2021, 2022 and 2023 vests on February 17, 2024, February 15, 2025, and February 14, 2026, respectively, for a percentage (0% to 200%) of the performance units awarded based upon the Issuer's total stockholder return compared to total stockholder return of a selected peer group. During the 3-year vesting period, the award will be credited with dividend equivalents that will be paid out in shares of common stock at the time the underlying units vest and shares are issued. The award and credited dividend equivalents will be payable one share of the Issuer's common stock for each vested performance unit and dividend equivalent.

Restricted units awarded under the Issuer's Equity Compensation Plan. The restricted unit award for 2021, 2022 and 2023 vests on February 17, 2024, February 15, 2025, and February 14, 2026, respectively. During the 3-year vesting period, the award will be credited with dividend equivalents that will be paid out in shares of common stock at the time the underlying units vest and are issued. The award and credited dividend equivalents will be payable one share of the Issuer's common stock for each vested restricted unit and dividend equivalent.

Remarks:

Senior Vice President and Chief Financial Officer