0000899243-23-014933.txt : 20230608 0000899243-23-014933.hdr.sgml : 20230608 20230608174616 ACCESSION NUMBER: 0000899243-23-014933 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230606 FILED AS OF DATE: 20230608 DATE AS OF CHANGE: 20230608 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Marcoux Jarret J. CENTRAL INDEX KEY: 0001891261 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-41585 FILM NUMBER: 231003161 MAIL ADDRESS: STREET 1: 1144 15TH STREET STREET 2: SUITE 2650 CITY: DENVER STATE: CO ZIP: 80202 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Sitio Royalties Corp. CENTRAL INDEX KEY: 0001949543 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 884140242 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1401 LAWRENCE STREET STREET 2: SUITE 1750 CITY: DENVER STATE: CO ZIP: 80202 BUSINESS PHONE: (720) 640-7620 MAIL ADDRESS: STREET 1: 1401 LAWRENCE STREET STREET 2: SUITE 1750 CITY: DENVER STATE: CO ZIP: 80202 FORMER COMPANY: FORMER CONFORMED NAME: Snapper Merger Sub I, Inc. DATE OF NAME CHANGE: 20221004 4 1 doc4.xml FORM 4 SUBMISSION X0407 4 2023-06-06 0 0001949543 Sitio Royalties Corp. STR 0001891261 Marcoux Jarret J. 1401 LAWRENCE STREET, SUITE 1750 DENVER CO 80202 0 1 0 0 See Remarks 0 Class C Common Stock 2023-06-06 4 F 0 5127 D 47034 D Class A Common Stock 2023-06-07 4 F 0 8890 27.19 D 52653 D Class A Common Stock 2023-06-07 4 F 0 2178 27.19 D 50475 D Sitio Royalties Operating Partnership, LP Units 2023-06-06 4 F 0 5127 D Class A Common Stock 5127 47034 D Each share of Class C Common Stock has no economic rights but entitles its holder to one vote on all matters to be voted on by shareholders generally. The terms of the Second Amended and Restated Agreement of Limited Partnership of Sitio Royalties Operating Partnership, LP (the "Partnership") provide that, subject to certain restrictions contained therein, each holder of common units representing limited partnership interests in the Partnership ("OpCo Units") (other than the Issuer) generally has the right to cause the Partnership to redeem all or a portion of its OpCo Units (the "Redemption Right") in exchange for shares of Class A Common Stock of the Issuer on a one-for-one basis or, at the Partnership's election, an equivalent amount of cash. (Continued from Footnote 1) In connection with any redemption of OpCo Units pursuant to the Redemption Right, the corresponding number of shares of the Class C Common Stock will be cancelled. The OpCo Units and the right to exercise the Redemption Right have no expiration date. The OpCo Units listed in Table II were forfeited and a corresponding number of shares of Class C Common Stock listed in Table I were cancelled to satisfy the tax withholding obligations of the Reporting Person in connection with the vesting of a portion of the Class C Common Stock held by the Reporting Person. These shares were withheld by the Company to satisfy the tax withholding obligations of the Reporting Person in connection with the vesting in full of an award of restricted stock units on June 7, 2023. These shares were withheld by the Company to satisfy the tax withholding obligations of the Reporting Person in connection with the vesting of one-third of an award of restricted stock units on June 7, 2023. Represents the closing price of the Issuer's Class A Common Stock on the date of the tax withholding. Executive Vice President of Engineering and Acquisitions /s/ Jarret J. Marcoux, by Brett S. Riesenfeld as Attorney-in-Fact 2023-06-08