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ONEOK INC /NEW/ — Director's Dealing 2015
Jul 22, 2015
30036_dirs_2015-07-22_01346321-1337-49e1-ab56-d45747d447a4.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ONEOK INC /NEW/ (OKE)
CIK: 0001039684
Period of Report: 2015-07-17
Reporting Person: GIBSON JOHN WILLIAM (Director, Chairman of the Board)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-07-17 | Common Stock, par value $.0.01 | M | 332860.449 | $40.575 | Acquired | 1243690.7187 | Direct |
| 2015-07-17 | Common Stock, par value $.0.01 | F | 149289.0 | $40.575 | Disposed | 1094401.7187 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-07-17 | Deferred Restricted Award/Phantom Stock (1-1-07) | $ | M | 332860.449 | Disposed | Common Stock, par value $.0.01 (332860.449) | Direct |
Footnotes
F1: Restricted units awarded under the Issuer's Equity Compensation Plan. The award vested on January 1, 2012. Restricted units were payable one share of the Issuer's common stock for each vested performance unit. The reporting person elected to defer receipt of the 300,000 shares of the Issuer's common stock to which the reporting person was entitled upon vesting and which were reported as phantom stock in Table II. Of the 300,000 shares, the reporting person surrendered 4,457 shares to cover taxes applicable to the vesting, resulting in the deferral of the 295,543 net shares remaining. Each share of the phantom stock is the economic equivalent of one share of the Issuer's common stock. Since January 1, 2012, the award earned 37,317 in dividend equivalents, for a total of 332,860 shares of which 149,289 shares were surrendered to pay taxes, resulting in 183,571 shares issued to the reporting person.