0000950170-24-071461.txt : 20240610
0000950170-24-071461.hdr.sgml : 20240610
20240610181023
ACCESSION NUMBER: 0000950170-24-071461
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240606
FILED AS OF DATE: 20240610
DATE AS OF CHANGE: 20240610
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Conoscenti Christopher L.
CENTRAL INDEX KEY: 0001891388
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-41585
FILM NUMBER: 241034051
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]
ORGANIZATION NAME: 01 Energy & Transportation
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
ownership.xml
4
X0508
4
2024-06-06
0001949543
Sitio Royalties Corp.
STR
0001891388
Conoscenti Christopher L.
1401 LAWRENCE STREET, SUITE 1750
DENVER
CO
80202
true
true
false
false
Chief Executive Officer
false
Class C Common Stock
2024-06-06
4
F
false
6243
D
80962
D
Sitio Royalties Operating Partnership, LP Units
2024-06-06
4
F
false
6243
D
Class A Common Stock
6243
80962
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.
/s/ Christopher L. Conoscenti, by Brett S. Riesenfeld as Attorney-in-Fact
2024-06-10