OGE ENERGY CORP. — Director's Dealing 2011

Mar 3, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: OGE ENERGY CORP. (OGE)
CIK: 0001021635
Period of Report: 2011-03-01

Reporting Person: HUNERYAGER GARY D (VP Internal Audits)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-03-01	Common Stock-$.01 par value per share	I	2640.744	$47.88	Disposed	427.102	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-03-01	Stock Equiv Units	$	I	1573.122	Disposed		Com Stk (1573.122)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock-$.01 par value per share	11301	Direct

Footnotes

F1: The information herein is based on a Retirement Savings Plan Statement dated March 1, 2011. The Retirement Savings Plan Statement indicated the number of units in the Common Stock Fund of the Retirement Savings Plan credited to the participant's account at March 1, 2011 and includes shares credited that were exempt from reporting pursuant to Rule 16A-3(f)(1)(i)(B). The number of shares of common stock owned at March 1, 2011 was determined by dividing the dollar value of such units by the closing sale price of the common stock on March 1, 2011.

F2: Security converts to common stock on a one-for-one basis.

F3: The Common Stock Units were accrued under the Deferred Compensation Plan of OGE Energy Corp. and are to be settled 100% in cash at a specified future date or following termination of service.