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

Signature
/s/ Pat W. Cipolla, Attorney-in-Fact for Pierce H. Norton II
Stock symbol
OKE
Transactions as of
Jun 28, 2024
Transactions value $
-$1,090,731
Form type
4
Date filed
7/2/2024, 04:18 PM
Previous filing
May 23, 2024
Next filing
Jul 16, 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 +16.1K +21.96% 89.6K Jun 28, 2024 Direct F1
transaction OKE Common Stock, par value $0.01 Tax liability -$580K -7.11K -7.94% $81.55 82.4K Jun 28, 2024 Direct
transaction OKE Common Stock, par value $0.01 Options Exercise +14.2K +17.22% 96.6K Jun 28, 2024 Direct F2
transaction OKE Common Stock, par value $0.01 Tax liability -$511K -6.26K -6.48% $81.55 90.4K Jun 28, 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 -16.1K -100% 0 Jun 28, 2024 Common Stock, par value $0.01 16.1K Direct F1
transaction OKE RSU-2021-2 Options Exercise -14.2K -100% 0 Jun 28, 2024 Common Stock, par value $0.01 14.2K 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.