Janet L. Hogan - 12 Sep 2022 Form 3 Insider Report for ONEOK INC /NEW/ (OKE)

Signature
By: Pat Cipolla, Attorney-in-Fact For: Janet Hogan
Issuer symbol
OKE
Transactions as of
12 Sep 2022
Net transactions value
$0
Form type
3
Filing time
21 Sep 2022, 18:42:25 UTC
Previous filing
09 Dec 2021
Next filing
24 Feb 2023

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
holding OKE PSU 2022 12 Sep 2022 Common Stock, par value $.0.01 9,394 Direct F1
holding OKE RSU 2022 12 Sep 2022 Common Stock, par value $.0.01 2,349 Direct F2
holding OKE RSU2022-JH-KW 12 Sep 2022 Common Stock, par value $.0.01 12,526 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 9,394 Performance units awarded under the Issuers Equity Incentive Plan upon becoming the Issuers Senior Vice President-Chief HR Officer, effective 9/12/2022. The price of the derivative security is $63.87 which was the OKE closing price on 9/12/2022. The award will vest on 2/23/2025, for a percentage (0%-200%) of the performance units awarded based upon the Issuers total shareholder return compared to total shareholder return of a selected peer group. During the 3-year vesting period, the award will be credited with dividend equivalents that will be paid out in shares of common stock at the time the underlying units vest and shares are issued. The award and credited dividend equivalents will be payable one share of the Issuers common stock for each vested performance unit, including additional performance units resulting from dividend equivalents.
F2 2,349 Restricted units awarded under the Issuers Equity Incentive Plan upon becoming the Issuers Senior Vice President-Chief HR Officer, effective 9/12/2022. The price of the derivative security is $63.87 which was the OKE closing price on 9/12/2022. The award vests on 2/23/2025. During the 3-year vesting period, the award will be credited with dividend equivalents that will be paid out in shares of common stock at the time the underlying units vest and are issued. The award and credited dividend equivalents will be payable one share of the Issuers common stock for each vested restricted unit, including additional restricted units resulting from dividend equivalents.
F3 12,526 Restricted units awarded under the Issuers Equity Incentive Plan upon becoming the Issuers Senior Vice President-Chief HR Officer, effective 9/12/2022. The price of the derivative security is $63.87 which was the OKE closing price on 9/12/2022. Half of the award will vest 9/12/2023, and the remaining half will vest on 9/12/2024. During the vesting period, the award will be credited with dividend equivalents that will be paid out in shares of common stock at the time the underlying units vest and are issued. The award and credited dividend equivalents will be payable one share of the Issuers common stock for each vested restricted unit, including additional restricted units resulting from dividend equivalents.