0000899243-23-007016.txt : 20230303 0000899243-23-007016.hdr.sgml : 20230303 20230303170417 ACCESSION NUMBER: 0000899243-23-007016 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230301 FILED AS OF DATE: 20230303 DATE AS OF CHANGE: 20230303 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: James Britton L. CENTRAL INDEX KEY: 0001891757 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-41585 FILM NUMBER: 23705487 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 X0306 4 2023-03-01 0 0001949543 Sitio Royalties Corp. STR 0001891757 James Britton L. 1401 LAWRENCE STREET, SUITE 1750 DENVER CO 80202 0 1 0 0 See Remarks Class A Common Stock 2023-03-01 4 A 0 22331 0.00 A 61543 D Performance Stock Units 2023-03-01 4 A 0 66993 0.00 A Class A Common Stock 66993 116826 D 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 March 1, 2023, subject to the reporting person's continuous service through each vesting date. Represents performance stock units ("PSUs") granted to the reporting person pursuant to the LTIP in respect of calendar year 2023. 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 2022 through the last 20 trading days of 2025, 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. Executive Vice President of Land /s/ Britton L. James, by Brett S. Riesenfeld as Attorney-in-Fact 2023-03-03