BOK FINANCIAL CORP — Director's Dealing 2012

Dec 21, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BOK FINANCIAL CORP ET AL (BOKF)
CIK: 0000875357
Period of Report: 2012-12-20

Reporting Person: LYBARGER STANLEY A (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-12-20	Common Stock	S	27853	$55.2257	Disposed	17058	Direct
2012-12-20	Common Stock	S	13000	$55.0616	Disposed	1730	Indirect
2012-12-21	Common Stock	S	1612	$55.1081	Disposed	15446	Direct
2012-12-21	Common Stock	S	1730	$55.0728	Disposed	0	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-12-20	Phantom Stock	$	A	40853	Acquired		Common Stock (40853)	Direct
2012-12-21	Phantom Stock	$	A	3342	Acquired		Common Stock (3342)	Direct

Footnotes

F1: The reporting person undertakes to provide to BOK Financial Corporation, any security holder of BOK Financial Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold and acquired at each separate price within the ranges set forth in footnotes (2), (3), (4), (5), (6), and (7) to this Form 4.

F2: The price reported in Column 4 is a weighted price. The shares were sold in multiple transactions at prices ranging from $55.00 to $55.59, inclusive.

F3: The price reported in Column 4 is a weighted price. The shares were sold in multiple transactions at prices ranging from $55.00 to 55.21, inclusive.

F4: The price reported in Column 4 is a weighted price. The shares were sold in multiple transactions at prices ranging from $55.10 to 55.14, inclusive.

F5: The price reported in Column 4 is a weighted price. The shares were sold in multiple transactions at prices ranging from $55.05 to 55.12, inclusive.

F6: The price reported in Column 4 is a weighted price. The shares were purchased in multiple transactions at prices ranging from $55.00 to $55.59, inclusive.

F7: The price reported in Column 4 is a weighted price. The shares were purchased in multiple transactions at prices ranging from $55.05 to 55.14, inclusive.

F8: Each share of Phantom Stock represents a right to receive one share of Common Stock, or at the Company's election, the cash value thereof.

F9: The Phantom Stock becomes payable upon the reporting person's termination of employment with the company.