(OKE)

Role: EVP & COO
Signature: By: Pat Cipolla, Attorney-in-Fact For: Kevin L. Burdick
Stock symbol: OKE
Transactions as of: Feb 20, 2022
Transactions value $: -$465,410
Form type: 4
Date filed: 2/23/2022, 05:20 PM
Next filing: Feb 25, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership
transaction	OKE	Common Stock, par value $.0.01	Award	$1.43M	+23.2K	+20.47%	$61.81	136K	Feb 20, 2022	Direct
transaction	OKE	Common Stock, par value $.0.01	Tax liability	-$635K	-10.3K	-7.54%	$61.81	126K	Feb 20, 2022	Direct
transaction	OKE	Common Stock, par value $.0.01	Award	$285K	+4.61K	+3.66%	$61.81	131K	Feb 20, 2022	Direct
transaction	OKE	Common Stock, par value $.0.01	Tax liability	-$126K	-2.03K	-1.56%	$61.81	129K	Feb 20, 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	PSU 2019	Award	-$1.14M	-18.4K	-100%	$61.81	0	Feb 20, 2022	Common Stock, par value $.0.01	18.4K		Direct	F1
transaction	OKE	RSU 2019	Award	-$285K	-4.61K	-100%	$61.81	0	Feb 20, 2022	Common Stock, par value $.0.01	4.61K		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 the Issuer's Equity Incentive Plan. The award vested on February 20, 2022, for 126% of the performance units awarded based upon the Issuer's total shareholder return compared to total shareholder return of a selected peer group. During the 3-year vesting period, the award was credited with dividend equivalents that were paid out in shares of common stock at the time the underlying units vested and shares are issued. The award and credited dividend equivalents were 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 the Issuer's Equity Incentive Plan. The award vested on February 20, 2022. During the 3-year vesting period, the award was credited with dividend equivalents that were paid out in shares of common stock at the time the underlying units vested and were issued. The award and credited dividend equivalents were 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 the Issuer's Equity Incentive Plan. The award vested on February 20, 2022, for 126% of the performance units awarded based upon the Issuer's total shareholder return compared to total shareholder return of a selected peer group. During the 3-year vesting period, the award was credited with dividend equivalents that were paid out in shares of common stock at the time the underlying units vested and shares are issued. The award and credited dividend equivalents were 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 the Issuer's Equity Incentive Plan. The award vested on February 20, 2022. During the 3-year vesting period, the award was credited with dividend equivalents that were paid out in shares of common stock at the time the underlying units vested and were issued. The award and credited dividend equivalents were payable one share of the Issuer's common stock for each vested restricted unit, including additional restricted units resulting from dividend equivalents.