Charles M. Kelley - Feb 20, 2022 Form 4 Insider Report for ONEOK INC /NEW/ (OKE)

Signature
By: Pat Cipolla, Attorney-in-Fact For: Charles M. Kelley
Stock symbol
OKE
Transactions as of
Feb 20, 2022
Transactions value $
-$280,769
Form type
4
Date filed
2/23/2022, 05:24 PM
Next filing
Feb 25, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OKE Common Stock, par value $.0.01 Award $859K +13.9K +14.35% $61.81 111K Feb 20, 2022 Direct
transaction OKE Common Stock, par value $.0.01 Tax liability -$383K -6.19K -5.59% $61.81 105K Feb 20, 2022 Direct
transaction OKE Common Stock, par value $.0.01 Award $170K +2.76K +2.64% $61.81 107K Feb 20, 2022 Direct
transaction OKE Common Stock, par value $.0.01 Tax liability -$75.2K -1.22K -1.13% $61.81 106K Feb 20, 2022 Direct
holding OKE Common Stock, par value $.0.01 14.5K Feb 20, 2022 401(k)

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 -$681K -11K -100% $61.81 0 Feb 20, 2022 Common Stock, par value $.0.01 11K Direct F1
transaction OKE RSU 2019 Award -$170K -2.76K -100% $61.81 0 Feb 20, 2022 Common Stock, par value $.0.01 2.76K 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.