SEC Form 4 · accession 0000899243-16-013745
ONE Gas, Inc. · OGS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert S. McAnnally
Officer — See Remarks
Period of report
Feb 16, 2016
Accepted (ET)
Feb 18, 2016 · 6:18 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001587732
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Units 2016F1 | — | Feb 16, 2016 | A | 4,450 | A | — | — | Common stock, par value $0.01 | 4,450 | 4,450 | D |
| Restricted Units 2016F2 | — | Feb 16, 2016 | A | 1,125 | A | — | — | Common stock, par value $0.01 | 1,125 | 1,125 | D |
Explanation of responses
- F1Performance units awarded under the Issuer's Equity Compensation Plan. The award will vest on February 18, 2019, for a percentage (0% to 200%) of the performance units awarded based upon the Issuer's total shareholder 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.
- F2Restricted units awarded under the Issuer's Equity Compensation Plan. The award vests on February 18, 2019. 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, Operations