SEC Form 4 · accession 0001539373-15-000002
ONEOK INC /NEW/ · OKE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen William Lake
Officer — SR VP & GENERAL COUNSEL
Period of report
Feb 15, 2015
Accepted (ET)
Feb 18, 2015 · 8:59 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 15, 2015 | M | 3,000 | $47.685 | A | 4,761 | D | |
| Common Stock, par value $.0.01 | Feb 15, 2015 | F | 1,034 | $47.685 | D | 3,727 | D | |
| Common Stock, par value $.0.01 | Feb 15, 2015 | M | 480 | $47.685 | A | 4,207 | D | |
| Common Stock, par value $.0.01 | Feb 15, 2015 | F | 157 | $47.685 | D | 4,050 | D | |
| Common Stock, par value $.0.01 | Feb 15, 2015 | M | 10,800 | $47.685 | A | 14,850 | D | |
| Common Stock, par value $.0.01 | Feb 15, 2015 | F | 3,521 | $47.685 | D | 11,329 | D | |
| Common Stock, par value $.0.01 | Feb 15, 2015 | M | 1,728 | $47.685 | A | 13,057 | D | |
| Common Stock, par value $.0.01 | Feb 15, 2015 | F | 564 | $47.685 | D | 12,493 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Units 2012F1 | — | Feb 15, 2015 | M | 12,000 | D | — | — | Common Stock, par value $.0.01 | 12,000 | 0 | D |
| Performance Units 2012-2F2 | — | Feb 15, 2015 | M | 1,920 | D | — | — | Common Stock, par value $.0.01 | 1,920 | 0 | D |
| Restricted Units 2012F3 | — | Feb 15, 2015 | M | 3,000 | D | — | — | Common Stock, par value $.0.01 | 3,000 | 0 | D |
| Restricted Units 2012-2F4 | — | Feb 15, 2015 | M | 480 | D | — | — | Common Stock, par value $.0.01 | 480 | 0 | D |
Explanation of responses
- F1Performance units awarded under the Issuer's Equity Compensation Plan. The award vested on February 15, 2015, at 90% of the performance units awarded based upon the Issuer's total stockholder return compared to total stockholder return of a selected peer group. Performance units were payable one share of the Issuer's common stock for each vested performance unit.
- F2Performance units awarded under the Issuer's Equity Compensation Plan to preserve the value of the 2012 performance units held by the reporting person at the time of the separation of the Issuer's natural gas distribution business into ONE Gas, Inc. These additional units vested following completion of the original vesting period on February 15, 2015, at 90% percent of the performance units awarded based upon the Issuer's total stockholder return compared to total stockholder return of a selected peer group. The award was payable one share of the Issuer's common stock for each vested performance unit.
- F3Restricted units awarded under the Issuer's Long Term Incentive Plan. The award vested on February 15, 2015, and was payable one share of the Issuer's common stock for each vested restricted unit.
- F4Restricted units awarded under the Issuer's Long-Term Incentive Plan to preserve the value of the 2012 restricted units held by the reporting person at the time of the separation of the Issuer's natural gas distribution business into ONE Gas, Inc. These additional units vested following completion of the original vesting period on February 15, 2015. The award was payable one share of the Issuer's common stock for each vested restricted unit.