Derek Martin - Feb 22, 2022 Form 4 Insider Report for BOK FINANCIAL CORP (BOKF)

Role
EVP - Consumer Banking
Signature
/s/ Tamara Wagman, Power of Attorney
Stock symbol
BOKF
Transactions as of
Feb 22, 2022
Transactions value $
-$9,677
Form type
4
Date filed
2/24/2022, 07:21 PM
Previous filing
Jan 13, 2022
Next filing
Nov 29, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BOKF Common Stock Award $0 +2.71K +20.33% $0.00 16K Feb 22, 2022 Direct F1
transaction BOKF Common Stock Options Exercise $0 +827 +5.16% $0.00 16.9K Feb 23, 2022 Direct F2
transaction BOKF Common Stock Tax liability -$9.68K -96.5 -0.57% $100.25 16.8K Feb 23, 2022 Direct
transaction BOKF Common Stock Disposed to Issuer -2.97K -17.7% 13.8K Feb 23, 2022 Direct F3

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 +2.97K +345.65% 3.82K Feb 23, 2022 Common Stock 2.97K Direct F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock which vests on January 14, 2025. Shares are subject to forfeiture (i) upon termination of employment prior to vesting, and (ii) if certain performance earnings per share targets established pursuant to BOKF Executive Incentive Plan are not met.
F2 Represents upward restricted stock adjustments based upon attainment of performance goals established pursuant to the BOKF Executive Incentive Plan for restricted stock awards made in 2019.
F3 In connection with the vesting on February 23, 2022 of restricted stock units previously granted to the reporting person, the reporting person's receipt of 2,965.4750 shares of common stock was deferred, resulting in the reporting person's receipt instead of 2,965.4750 shares of phantom stock pursuant to BOKF's deferred compensation plan. The reporting person is therefore reporting the disposition of 2,965.4750 shares of common stock in exchange for an equal number of shares of phantom stock.
F4 Each share of phantom stock represents a right to receive one share of common stock or, at BOKF's election, the cash value thereof.
F5 The phantom stock becomes payable upon the reporting person's termination of employment with BOKF.