SEC Form 4 · accession 0001599377-18-000002
ONEOK INC /NEW/ · OKE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Wesley John Christensen
Officer — SR VP OPERATIONS
Period of report
Feb 18, 2018
Accepted (ET)
Feb 21, 2018 · 6:07 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 18, 2018 | M | 3,740 | $57.15 | A | 28,624 | D | |
| Common Stock, par value $.0.01 | Feb 18, 2018 | F | 1,720 | $57.15 | D | 26,904 | D | |
| Common Stock, par value $.0.01 | Feb 18, 2018 | M | 29,827 | $57.15 | A | 56,731 | D | |
| Common Stock, par value $.0.01 | Feb 18, 2018 | F | 13,229 | $57.15 | D | 43,502 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PSU 2015F1 | — | Feb 18, 2018 | M | 14,914 | D | — | — | Common Stock, par value $.0.01 | 14,914 | 0 | D |
| RSU 2015F2 | — | Feb 18, 2018 | M | 3,740 | D | — | — | Common Stock, par value $.0.01 | 3,740 | 0 | D |
Explanation of responses
- F1Performance units awarded under the Issuer's Equity Compensation Plan. The award, including dividend equivalents, vested on February 18, 2018, at the 200th percentile for the Issuer's total stockholder return compared to total stockholder return of a selected peer group, resulting in the reported shares being issued to the reporting person. One share of the Issuer's common stock is paid out for each vested performance unit.
- F2Restricted units awarded under the Issuer's Long Term Incentive Plan. The award vested on February 18, 2018. During the 3-year vesting period, the award was credited with dividend equivalents that were paid out in shares of common stock at the same time the shares underlying the vested units were issued. One share of the Issuer's common stock is paid out for each vested restricted unit.