(OKE)

Role: Executive Vice President, Chief Legal Officer and Assistant Secretary
Signature: /s/ Pat W. Cipolla, Attorney-in-Fact for Lyndon C. Taylor
Issuer symbol: OKE
Transactions as of: 21 Feb 2024
Net transactions value: $0
Form type: 4
Filing time: 23 Feb 2024, 20:21:10 UTC
Previous filing: 02 Nov 2023
Next filing: 21 Mar 2024
SEC: View on sec.gov

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 2024	Award		+20,183			20,183	21 Feb 2024	Common Stock, par value $0.01	20,183		Direct	F1
transaction	OKE	RSU 2024	Award		+5,046			5,046	21 Feb 2024	Common Stock, par value $0.01	5,046		Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	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.
F2	Restricted units awarded under Issuer's Equity Incentive Plan. The award will vest 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.

Content

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.

Restricted units awarded under Issuer's Equity Incentive Plan. The award will vest 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:

Executive Vice President, Chief Legal Officer and Assistant Secretary