Martin E. Grunst - Jan 11, 2022 Form 4 Insider Report for BOK FINANCIAL CORP (BOKF)

Role: EVP, Chief Risk Officer
Signature: /s/ Tamara Wagman, Power of Attorney
Stock symbol: BOKF
Transactions as of: Jan 11, 2022
Transactions value $: -$14,472
Form type: 4
Date filed: 1/13/2022, 04:34 PM
Next filing: Feb 24, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BOKF	Common Stock	Tax liability	-$14.5K	-129	-0.42%	$112.15	30.3K	Jan 11, 2022	Direct
transaction	BOKF	Common Stock	Disposed to Issuer		-1.46K	-4.82%		28.8K	Jan 11, 2022	Direct	F1

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	BOKF	Phantom Stock	Award		+1.46K			1.46K	Jan 11, 2022	Common Stock	1.46K		Direct	F1, F2, F3

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

Explanation of Responses:

Id	Content
F1	In connection with the vesting on January 11, 2022 of restricted stock units previously granted to the reporting person, the reporting person's receipt of 1457.960232 shares of common stock was deferred, resulting in the reporting person's receipt instead of 1457.960232 shares of phantom stock pursuant to BOKF's deferred compensation plan. The reporting person is therefore reporting the disposition of 1457.960232 shares of common stock in exchange for an equal number of shares of phantom stock.
F2	Each share of phantom stock represents a right to receive one share of common stock or, at BOKF's election, the cash value thereof.
F3	The phantom stock becomes payable upon the reporting person's termination of employment with BOKF.