SEC Form 4 · accession 0001043333-19-000002
ONEOK INC /NEW/ · OKE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Terry K Spencer
Officer — PRESIDENT & CEO · Director
Period of report
Feb 17, 2019
Accepted (ET)
Feb 20, 2019 · 6:23 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001039684
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $.0.01 | Feb 17, 2019 | M | 24,198 | $67.60 | A | 362,098 | D | |
| Common Stock, par value $.0.01 | Feb 17, 2019 | F | 10,749 | $67.60 | D | 351,349 | D | |
| Common Stock, par value $.0.01 | Feb 17, 2019 | M | 222,099 | $67.60 | A | 573,449 | D | |
| Common Stock, par value $.0.01 | Feb 17, 2019 | F | 98,501 | $67.60 | D | 474,948 | D | |
| Common Stock, par value $.0.01 | holding | — | — | — | 27,779 | I | by Thrift Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PSU 2016F1 | — | Feb 17, 2019 | M | 111,050 | D | — | — | Common Stock, par value $.0.01 | 111,050 | 0 | D |
| RSU 2016F2 | — | Feb 17, 2019 | M | 24,198 | D | — | — | Common Stock, par value $.0.01 | 24,198 | 0 | D |
Explanation of responses
- F1Performance units awarded under the Issuer's Equity Compensation Plan. The award vested on February 17, 2019, at 200% 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 were issued. The award and credited dividend equivalents were payable one share of the Issuer's common stock for each vested performance unit and dividend equivalent.
- F2Restricted units awarded under the Issuer's Long Term Incentive Plan. The award vested on February 17, 2019. 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 and dividend equivalent.