Pierce H. Norton II - 27 Dec 2021 Form 4 Insider Report for ONE Gas, Inc. (OGS)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
29 Dec 2021, 15:05:26 UTC
Prior SEC filing
29 Jun 2021
Next SEC filing
25 Feb 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Brian K. Shore, Attorney-in-Fact for Pierce H. Norton

Key filing fact

Pierce H. Norton II filed Form 4 for ONE Gas, Inc. (OGS) on 29 Dec 2021.

Key facts

  • This page summarizes Pierce H. Norton II's Form 4 filing for ONE Gas, Inc. (OGS).
  • 9 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 29 Dec 2021, 15:05.

Change

  • Previous filing in this sequence was filed on 29 Jun 2021.
  • Current net transaction value: -$840,732.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

OGS transaction

Common stock, par value $0.01

Options Exercise

Transaction value
$288,372
Shares
+3,820
Change %
+1.5%
Price
$75.49
Shares after
264,664
Date
27 Dec 2021
Ownership
Direct
Footnotes
F1
OGS transaction

Common stock, par value $0.01

Tax liability

Transaction value
$127,956
Shares
-1,695
Change %
-0.64%
Price
$75.49
Shares after
262,969
Date
27 Dec 2021
Ownership
Direct
Footnotes
F1
OGS transaction

Common stock, par value $0.01

Options Exercise

Transaction value
$147,960
Shares
+1,960
Change %
+0.75%
Price
$75.49
Shares after
264,929
Date
27 Dec 2021
Ownership
Direct
Footnotes
F2
OGS transaction

Common stock, par value $0.01

Tax liability

Transaction value
$65,676
Shares
-870
Change %
-0.33%
Price
$75.49
Shares after
264,059
Date
27 Dec 2021
Ownership
Direct
Footnotes
F2
OGS transaction

Common stock, par value $0.01

Options Exercise

Transaction value
$52,390
Shares
+694
Change %
+0.26%
Price
$75.49
Shares after
264,753
Date
27 Dec 2021
Ownership
Direct
Footnotes
F3
OGS transaction

Common stock, par value $0.01

Tax liability

Transaction value
$23,251
Shares
-308
Change %
-0.12%
Price
$75.49
Shares after
264,445
Date
27 Dec 2021
Ownership
Direct
Footnotes
F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

OGS transaction Derivative

Restricted Units 2019

Options Exercise

Transaction value
$341,743
Shares
-4,527
Change %
-100%
Price
$75.49
Shares after
0
Date
27 Dec 2021
Ownership
Direct
Underlying class
Common stock, par value $0.01
Underlying amount
4,527
Exercise price
Footnotes
F1
OGS transaction Derivative

Restricted Units 2020

Options Exercise

Transaction value
$313,887
Shares
-4,158
Change %
-100%
Price
$75.49
Shares after
0
Date
27 Dec 2021
Ownership
Direct
Underlying class
Common stock, par value $0.01
Underlying amount
4,158
Exercise price
Footnotes
F2
OGS transaction Derivative

Restricted Units 2021

Options Exercise

Transaction value
$456,941
Shares
-6,053
Change %
-100%
Price
$75.49
Shares after
0
Date
27 Dec 2021
Ownership
Direct
Underlying class
Common stock, par value $0.01
Underlying amount
6,053
Exercise price
Footnotes
F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Pierce H. Norton II is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 3 footnotes

Footnote F1

In conjunction with Mr. Norton's retirement on June 27, 2021, distribution of restricted units awarded under Issuer's Equity Compensation Plan. The restricted units vested on a pro-rata basis, determined by multiplying the number of restricted units awarded by a fraction, which fraction was equal to the number of full months which lapsed under the restricted period at the time of retirement (28 months) by the number of full months in the restricted period (36 months). The remaining 1,006 restricted units awarded were forfeited. The award vested on December 27, 2021, six months following the date of retirement, at the fair market value of issuer's stock on the date of retirement of $75.49. The award was payable one share of Issuer's common stock for each vested restricted unit and accrued dividends of 299 shares.

Footnote F2

In conjunction with Mr. Norton's retirement on June 27, 2021, distribution of restricted units awarded under Issuer's Equity Compensation Plan. The restricted units vested on a pro-rata basis, determined by multiplying the number of restricted units awarded by a fraction, which fraction was equal to the number of full months which lapsed under the restricted period at the time of retirement (16 months) by the number of full months in the restricted period (36 months). The remaining 2,310 restricted units awarded were forfeited. The award vested on December 27, 2021, six months following the date of retirement, at the fair market value of issuer's stock on the date of retirement of $75.49. The award was payable one share of Issuer's common stock for each vested restricted unit and accrued dividends of 112 shares.

Footnote F3

In conjunction with Mr. Norton's retirement on June 27, 2021, distribution of restricted units awarded under Issuer's Equity Compensation Plan. The restricted units vested on a pro-rata basis, determined by multiplying the number of restricted units awarded by a fraction, which fraction was equal to the number of full months which lapsed under the restricted period at the time of retirement (4 months) by the number of full months in the restricted period (36 months). The remaining 5,381 restricted units awarded were forfeited. The award vested on December 27, 2021, six months following the date of retirement, at the fair market value of issuer's stock on the date of retirement of $75.49. The award was payable one share of Issuer's common stock for each vested restricted unit and accrued dividends of 22 shares.

SEC remarks

Retired Director, President and Chief Executive Officer

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