Caron A. Lawhorn - Jun 28, 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
Stock symbol
OGS
Transactions as of
Jun 28, 2024
Transactions value $
-$172,459
Form type
4
Date filed
7/2/2024, 04:05 PM
Previous filing
May 23, 2024

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 $93.6K +1.47K +1.05% $63.85 141K Jun 28, 2024 Direct F1
transaction OGS Common stock, par value $0.01 Tax liability -$39.4K -617 -0.44% $63.85 140K Jun 28, 2024 Direct F1
transaction OGS Common stock, par value $0.01 Options Exercise $66.4K +1.04K +0.74% $63.85 141K Jun 28, 2024 Direct F2
transaction OGS Common stock, par value $0.01 Tax liability -$28K -438 -0.31% $63.85 141K Jun 28, 2024 Direct F2
transaction OGS Common stock, par value $0.01 Options Exercise $27.6K +432 +0.31% $63.85 141K Jun 28, 2024 Direct F3
transaction OGS Common stock, par value $0.01 Tax liability -$11.6K -182 -0.13% $63.85 141K Jun 28, 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 -$87.9K -1.38K -100% $63.85 0 Jun 28, 2024 Common stock, par value $0.01 1.38K Direct F1
transaction OGS Restricted Units 2022 Options Exercise -$99.5K -1.56K -100% $63.85 0 Jun 28, 2024 Common stock, par value $0.01 1.56K Direct F2
transaction OGS Restricted Units 2023 Options Exercise -$93.7K -1.47K -100% $63.85 0 Jun 28, 2024 Common stock, par value $0.01 1.47K 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