Caron A. Lawhorn - 28 Jun 2024 Form 4 Insider Report for ONE Gas, Inc. (OGS)

Role
Retired Senior Vice President and Chief Financial Officer
Signature
/s/ Brian K. Shore, Attorney-in-Fact for Caron A. Lawhorn
Issuer symbol
OGS
Transactions as of
28 Jun 2024
Net transactions value
-$172,459
Form type
4
Filing time
02 Jul 2024, 16:05:04 UTC
Previous filing
23 May 2024
Next filing
21 Jan 2025
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 Options Exercise $93,604 +1,466 +1.1% $63.85 140,995 28 Jun 2024 Direct F1
transaction OGS Common stock, par value $0.01 Tax liability $39,395 -617 -0.44% $63.85 140,378 28 Jun 2024 Direct F1
transaction OGS Common stock, par value $0.01 Options Exercise $66,404 +1,040 +0.74% $63.85 141,418 28 Jun 2024 Direct F2
transaction OGS Common stock, par value $0.01 Tax liability $27,966 -438 -0.31% $63.85 140,980 28 Jun 2024 Direct F2
transaction OGS Common stock, par value $0.01 Options Exercise $27,583 +432 +0.31% $63.85 141,412 28 Jun 2024 Direct F3
transaction OGS Common stock, par value $0.01 Tax liability $11,621 -182 -0.13% $63.85 141,230 28 Jun 2024 Direct F3

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 Restricted Units 2021 Options Exercise $87,858 -1,376 -100% $63.85 0 28 Jun 2024 Common stock, par value $0.01 1,376 Direct F1
transaction OGS Restricted Units 2022 Options Exercise $99,542 -1,559 -100% $63.85 0 28 Jun 2024 Common stock, par value $0.01 1,559 Direct F2
transaction OGS Restricted Units 2023 Options Exercise $93,668 -1,467 -100% $63.85 0 28 Jun 2024 Common stock, par value $0.01 1,467 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Caron A. Lawhorn is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 In conjunction with Ms. Lawhorn's retirement on December 31, 2023, distribution of restricted units awarded under Issuer's Amended and Restated Equity Compensation Plan (2018). The award vested on a pro-rata basis, in accordance with the terms of the Restricted Unit Award Agreement dated February 15, 2021. The award vested on June 28, 2024, six months following the date of retirement. 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.
F2 In conjunction with Ms. Lawhorn's retirement on December 31, 2023, distribution of restricted units awarded under Issuer's Amended and Restated Equity Compensation Plan (2018). The award vested on a pro-rata basis, in accordance with the terms of the Restricted Unit Award Agreement dated February 21, 2022. The award vested on June 28, 2024, six months following the date of retirement. 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.
F3 In conjunction with Ms. Lawhorn's retirement on December 31, 2023, distribution of restricted units awarded under Issuer's Amended and Restated Equity Compensation Plan (2018). The award vested on a pro-rata basis, in accordance with the terms of the Restricted Unit Award Agreement dated February 20, 2023. The award vested on June 28, 2024, six months following the date of retirement. 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:

Retired Senior Vice President and Chief Financial Officer