Charles M. Kelley - Feb 23, 2025 Form 4 Insider Report for ONEOK INC /NEW/ (OKE)

Signature
/s/ Pat W. Cipolla, Attorney-in-Fact for Charles M. Kelley
Stock symbol
OKE
Transactions as of
Feb 23, 2025
Transactions value $
-$468,592
Form type
4
Date filed
2/25/2025, 04:31 PM
Previous filing
Nov 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OKE Common Stock, par value $0.01 Options Exercise +6.85K +5.42% 133K Feb 23, 2025 Direct F1
transaction OKE Common Stock, par value $0.01 Tax liability -$296K -3.02K -2.27% $98.10 130K Feb 23, 2025 Direct
transaction OKE Common Stock, par value $0.01 Options Exercise +3.86K +2.96% 134K Feb 23, 2025 Direct F1
transaction OKE Common Stock, par value $0.01 Tax liability -$172K -1.76K -1.31% $98.10 132K Feb 23, 2025 Direct
holding OKE Common Stock, par value $0.01 17.3K Feb 23, 2025 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 2022 Options Exercise -6.85K -100% 0 Feb 23, 2025 Common Stock, par value $0.01 6.85K Direct F2
transaction OKE RSU 2022 Options Exercise -3.86K -100% 0 Feb 23, 2025 Common Stock, par value $0.01 3.86K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted units awarded under the Issuer's Equity Incentive Plan. The award vested on Feb. 23, 2025. 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 was payable one share of the Issuer's common stock for each vested restricted unit, including additional restricted units resulting from dividend equivalents.
F2 Performance units awarded under the Issuer's Equity Incentive Plan. The award vested on Feb. 23, 2025, for 50% 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 including additional performance units resulting from dividend equivalents.

Remarks:

Senior Vice President, Commercial Natural Gas Pipelines