John W. Gibson - May 25, 2022 Form 4 Insider Report for ONEOK INC /NEW/ (OKE)

Role
OKE Chairman of the Board, Director
Signature
By: Pat Cipolla, Attorney-in-Fact For: John W. Gibson
Stock symbol
OKE
Transactions as of
May 25, 2022
Transactions value $
$12,442
Form type
4
Date filed
5/27/2022, 04:39 PM
Previous filing
Jun 1, 2021
Next filing
May 31, 2022

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 $12.4K +191 +0.02% $65.14 999K May 25, 2022 Direct

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 Phantom Stock-OKE Award $12.4K +191 $65.14 191 May 25, 2022 Common Stock, par value $.0.01 191 Direct F1, F2, F3, F4
transaction OKE Phantom Stock-OKE Options Exercise -$12.4K -191 -100% $65.14 0 May 25, 2022 Common Stock, par value $.0.01 191 Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of phantom stock are convertible into Issuer common stock on a 1-for-1 ratio.
F2 Annual cash and/or stock retainer elected to be deferred to phantom stock under the Issuer's Deferred Compensation Plan for Non-Employee Directors.
F3 The reporting person retired from the ONEOK board on May 4, 2022. Based on our practice of prorating director compensation by month and the reporting person's annual elections under the Issuer's Deferred Compensation Plan for Non-Employee Directors, 191 shares of phantom stock (representing 1/12 of directors annual stock retainer) were issued to the reporting person and then converted to shares of ONEOK common stock.
F4 Phantom stock is accrued under the Issuer's Deferred Compensation Plan for Non-Employee Directors and is settled in shares of Issuer common stock at the determination date or a designated date upon the reporting person's retirement.