Pierce H. Norton II - 28 Jun 2024 Form 4 Insider Report for ONEOK INC /NEW/ (OKE)

Signature
/s/ Pat W. Cipolla, Attorney-in-Fact for Pierce H. Norton II
Issuer symbol
OKE
Transactions as of
28 Jun 2024
Net transactions value
-$1,090,731
Form type
4
Filing time
02 Jul 2024, 16:18:10 UTC
Previous filing
23 May 2024
Next filing
16 Jul 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OKE Common Stock, par value $0.01 Options Exercise +16,125 +22% 89,559 28 Jun 2024 Direct F1
transaction OKE Common Stock, par value $0.01 Tax liability $579,984 -7,112 -7.9% $81.55 82,447 28 Jun 2024 Direct
transaction OKE Common Stock, par value $0.01 Options Exercise +14,201 +17% 96,648 28 Jun 2024 Direct F2
transaction OKE Common Stock, par value $0.01 Tax liability $510,748 -6,263 -6.5% $81.55 90,385 28 Jun 2024 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction OKE RSU 2021 Options Exercise -16,125 -100% 0 28 Jun 2024 Common Stock, par value $0.01 16,125 Direct F1
transaction OKE RSU-2021-2 Options Exercise -14,201 -100% 0 28 Jun 2024 Common Stock, par value $0.01 14,201 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted units awarded under the Issuer's Equity Incentive Plan. The award vested on June 28th, 2024. During the 3-year vesting period, the award was credited with dividend equivalents that were paid out in shares of common stock at the time the underlying units vested and were issued. The award and credited dividend equivalents was payable one share of the Issuer's common stock for each vested restricted unit, including additional restricted units resulting from dividend equivalents.
F2 Restricted units awarded under the Issuers Equity Incentive Plan. Half of the award, including accumulated dividends, vested 6/28/2023, and the remaining half herein vested on 6/28/2024. During vesting period, the award was credited with dividend equivalents that were paid out in shares of common stock at the time the underlying units vested and were issued. The award and credited dividend equivalents was payable one share of the Issuers common stock for each vested restricted unit, including additional restricted units resulting from dividend equivalents.