PIERCE NORTON - 19 Feb 2025 Form 4 Insider Report for ONEOK INC /NEW/ (OKE)

Signature
/s/ Patrick W. Cipolla, Attorney-in-Fact for Pierce H Norton II
Issuer symbol
OKE
Transactions as of
19 Feb 2025
Net transactions value
$0
Form type
4
Filing time
21 Feb 2025, 16:17:24 UTC
Previous filing
12 Nov 2024
Next filing
25 Feb 2025

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 2025 Award +70,565 70,565 19 Feb 2025 Common Stock, par value $0.01 70,565 Direct F1
transaction OKE RSU 2025 Award +30,242 30,242 19 Feb 2025 Common Stock, par value $0.01 30,242 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 Issuer's Equity Incentive Plan. The award will vest on Feb. 19, 2028, for a percentage (0% to 200%) of performance units awarded based upon the Issuer's total shareholder return compared to total shareholder return of a selected peer group, subject to the certification by Executive Compensation Committee of the applicable performance requirements. 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 Issuer's common stock for each vested performance unit, including additional performance units resulting from dividend equivalents.
F2 Restricted units awarded under Issuer's Equity Incentive Plan. The award vests on Feb. 19, 2028. 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 Issuer's common stock for each vested restricted unit, including additional restricted units resulting from dividend equivalents.

Remarks:

President and Chief Executive Officer