Steven E. Nell - 22 Feb 2022 Form 4 Insider Report for BOK FINANCIAL CORP (BOKF)

Reporting relationship: EVP, CFO, Director
Issuer ticker: BOKF
Reported as of: 22 Feb 2022
Net transaction value: -$25,088
SEC form: 4
Accepted by SEC: 24 Feb 2022, 19:44:33 UTC
Prior SEC filing: 13 Jan 2022
Next SEC filing: 31 Oct 2022
Source filing: View source filing
Reporting owner signature: /s/ Tamara Wagman, Power of Attorney

Key filing fact

Steven E. Nell filed Form 4 for BOK FINANCIAL CORP (BOKF) on 24 Feb 2022.

Key facts

This page summarizes Steven E. Nell's Form 4 filing for BOK FINANCIAL CORP (BOKF).
5 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 24 Feb 2022, 19:44.

Change

Previous filing in this sequence was filed on 13 Jan 2022.
Current net transaction value: -$25,088.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

BOKF transaction

Common Stock

Award

Transaction value: $0
Shares: +5,601
Change %: +9.5%
Price: $0.000000
Shares after: 64,309
Date: 22 Feb 2022
Ownership: Direct
Footnotes: F1

BOKF transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +2,075
Change %: +3.2%
Price: $0.000000
Shares after: 66,384
Date: 23 Feb 2022
Ownership: Direct
Footnotes: F2

BOKF transaction

Common Stock

Tax liability

Transaction value: $25,088
Shares: -250
Change %: -0.38%
Price: $100.25
Shares after: 66,134
Date: 23 Feb 2022
Ownership: Direct

BOKF transaction

Common Stock

Disposed to Issuer

Transaction value
Shares: -7,434
Change %: -11%
Price
Shares after: 58,700
Date: 23 Feb 2022
Ownership: Direct
Footnotes: F3

BOKF holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 36
Date: 22 Feb 2022
Ownership: by 401(k) Plan

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

BOKF transaction Derivative

Phantom Stock

Award

Transaction value
Shares: +7,434
Change %: +330%
Price
Shares after: 9,686
Date: 23 Feb 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 7,434
Exercise price
Footnotes: F3, F4, F5

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote 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.

Footnote 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.

Footnote 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 7,433.7407 shares of common stock was deferred, resulting in the reporting person's receipt instead of 7,433.7407 shares of phantom stock pursuant to BOKF's deferred compensation plan. The reporting person is therefore reporting the disposition of 7,433.7407 shares of common stock in exchange for an equal number of shares of phantom stock.

Footnote 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.

Footnote F5

The phantom stock becomes payable upon the reporting person's termination of employment with BOKF.