Lyndon C. Taylor - Nov 1, 2023 Form 4 Insider Report for ONEOK INC /NEW/ (OKE)

Signature
By Pat Cipolla, Attorney-in-Fact for Lyndon C. Taylor
Stock symbol
OKE
Transactions as of
Nov 1, 2023
Transactions value $
$0
Form type
4
Date filed
11/2/2023, 05:44 PM
Previous filing
Oct 3, 2023
Next filing
Feb 23, 2024

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 2023 Award $0 +7.75K $0.00 7.75K Nov 1, 2023 Common Stock, par value $.01 7.75K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Upon becoming the Issuers Executive Vice President, Chief Legal Counsel and Assistant Secretary, effective October 1, 2023, and under the terms of his employment letter, the reporting person was to receive at November 1, 2023, a Restricted Unit Award Agreement valued at Five Hundred Thousand Dollars ($500,000) under the Issuers Equity Incentive Plan. Based on the OKE closing price of $64.54 at November 1, 2023, a total of 7,747 restricted stock units were awarded to the Reporting Person. The award will vest on February 22, 2026. During the vest period, the award will be credited with dividend equivalents. Upon vesting of the award, the award and credited dividend equivalents will be payable one share of the Issuers common stock for each vested restricted unit, including additional restricted units resulting from dividend equivalents.