0000950170-24-023361.txt : 20240229
0000950170-24-023361.hdr.sgml : 20240229
20240229182300
ACCESSION NUMBER: 0000950170-24-023361
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240227
FILED AS OF DATE: 20240229
DATE AS OF CHANGE: 20240229
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: McDavid Andrew Dax
CENTRAL INDEX KEY: 0001960546
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-41585
FILM NUMBER: 24705861
MAIL ADDRESS:
STREET 1: 1401 LAWRENCE STREET
STREET 2: SUITE 1750
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
2024-02-27
0001949543
Sitio Royalties Corp.
STR
0001960546
McDavid Andrew Dax
1401 LAWRENCE STREET, SUITE 1750
DENVER
CO
80202
false
true
false
false
See Remarks
false
Class A Common Stock
2024-02-27
4
A
false
24105
0.00
A
220162
D
Performance Stock Units
2024-02-27
4
A
false
72314
0.00
A
Class A Common Stock
72314
139307
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 February 27, 2024, 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 2024. 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 2023 through the last 20 trading days of 2026, 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, Corporate Development
/s/ Andrew Dax McDavid, by Brett S. Riesenfeld as Attorney-in-Fact
2024-02-29