Dawn Smajstrla - 31 Dec 2024 Form 4 Insider Report for Sitio Royalties Corp. (STR)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
03 Jan 2025, 17:06:06 UTC
Prior SEC filing
26 Jun 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Dawn K. Smajstrla, by Brett S. Riesenfeld as Attorney-in-Fact

Key filing fact

Dawn Smajstrla filed Form 4 for Sitio Royalties Corp. (STR) on 03 Jan 2025.

Key facts

  • This page summarizes Dawn Smajstrla's Form 4 filing for Sitio Royalties Corp. (STR).
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 03 Jan 2025, 17:06.

Change

  • Previous filing in this sequence was filed on 26 Jun 2024.
  • Current net transaction value: $0.

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.

STR transaction

Class A Common Stock

Award

Transaction value
$0
Shares
+14,498
Change %
+54%
Price
$0.000000
Shares after
41,248
Date
31 Dec 2024
Ownership
Direct
Footnotes
F1

Reported derivative securities

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

STR transaction Derivative

Performance Stock Units

Award

Transaction value
$0
Shares
+4,833
Change %
+31%
Price
$0.000000
Shares after
20,437
Date
31 Dec 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
4,833
Exercise price
Footnotes
F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Represents restricted stock units ("RSUs") granted to the reporting person pursuant to the Sitio Royalties Corp. Long Term Incentive Plan (the "LTIP"). Each RSU represents a contingent right to receive one share of Sitio Royalties Corp.'s Class A common stock, par value $0.0001 per share ("Common Stock"). The RSUs will vest in equal one-third installments on each of the first three anniversaries of December 31, 2024, subject to the reporting person's continuous service through each vesting date.

Footnote F2

Represents performance stock units ("PSUs") granted to the reporting person pursuant to the LTIP in respect of calendar year 2025. Each PSU represents the right to receive one share of Common Stock. The PSUs will be eligible to be earned by the reporting person based on achievement with respect to an annualized absolute total shareholder return performance goal over a three-year performance period beginning with the last 20 trading days of 2024 through the last 20 trading days of 2027, subject to the reporting person's continuous service through the end of such performance period. The number of PSUs indicated reflects the "target" number of PSUs granted to the reporting person and the number of PSUs earned could range from 0% to 200% of such target number.

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