SCOTT D. SCHINGEN - 17 Feb 2024 Form 4/A Insider Report for ONEOK INC /NEW/ (OKE)

Signature
/s/ Pat W. Cipolla, Attorney-in-Fact for Scott D. Schingen
Issuer symbol
OKE
Transactions as of
17 Feb 2024
Net transactions value
-$563,034
Form type
4/A
Filing time
23 Feb 2024, 20:19:42 UTC
Date Of Original Report
21 Feb 2024
Previous filing
24 Feb 2023
Next filing
21 Feb 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 +13,636 +29% 60,718 17 Feb 2024 Direct F1
transaction OKE Common Stock, par value $0.01 Tax liability $438,995 -6,098 -10% $71.99 54,620 17 Feb 2024 Direct
transaction OKE Common Stock, par value $0.01 Options Exercise +3,908 +7.2% 58,527 17 Feb 2024 Direct F2
transaction OKE Common Stock, par value $0.01 Tax liability $124,039 -1,723 -2.9% $71.99 56,804 17 Feb 2024 Direct
holding OKE Common Stock, par value $0.01 1,200 17 Feb 2024 IRA

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 PSU 2021 Options Exercise -13,636 -100% 0 17 Feb 2024 Common Stock, par value $0.01 13,636 Direct F1
transaction OKE RSU 2021 Options Exercise -3,908 -100% 0 17 Feb 2024 Common Stock, par value $0.01 3,908 Direct F2
transaction OKE PSU 2024 Award +8,728 8,728 21 Feb 2024 Common Stock, par value $0.01 8,728 Direct F3
transaction OKE RSU 2024 Award +2,182 2,182 21 Feb 2024 Common Stock, par value $0.01 2,182 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Performance units awarded under the Issuer's Equity Incentive Plan. The award vested on February 17, 2024, for 88% of the performance units awarded based upon the Issuer's total shareholder return compared to total shareholder return of a selected peer group. 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 shares were issued. The award and credited dividend equivalents were payable one share of the Issuer's common stock for each vested performance unit including additional performance units resulting from dividend equivalents.
F2 Restricted units awarded under the Issuer's Equity Incentive Plan. The award vested on February 17, 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.
F3 Performance units awarded under Issuer's Equity Incentive Plan. The award will vest on February 17, 2027, for a percentage (0% to 200%) of performance units awarded based upon the Issuer's total shareholder return compared to total shareholder return of a selected peer group, subject to the certification by Executive Compensation Committee of the applicable performance requirements. During the 3-year vesting period, the award will be credited with dividend equivalents that will be paid out in shares of common stock at the time the underlying units vest and shares are issued. The award and credited dividend equivalents will be payable one share of the Issuer's common stock for each vested performance unit, including additional performance units resulting from dividend equivalents.
F4 Restricted units awarded under Issuer's Equity Incentive Plan. The award vests on February 17, 2027. During the 3-year vesting period, the award will be credited with dividend equivalents that will be paid out in shares of common stock at the time the underlying units vest and are issued. The award and credited dividend equivalents will be payable one share of the Issuer's common stock for each vested restricted unit, including additional restricted units resulting from dividend equivalents.

Remarks:

Senior Vice President, Natural Gas Liquids and Natural Gas Operations