ONEOK INC /NEW/ — Director's Dealing 2018

May 31, 2018

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: ONEOK INC /NEW/ (OKE)
CIK: 0001039684
Period of Report: 2018-05-23

Reporting Person: SWORDS SHERIDAN C (SR VP NGL)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, par value $.0.01	133855.1518	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Deferred 2007 Performance Award	$		Common Stock, par value $.0.01 (4034.3263)		Direct
Deferred 2008 Performance Award	$		Common Stock, par value $.0.01 (15980.3238)		Direct
Deferred 2014 Performance Award	$		Common Stock, par value $.0.01 (5783.2702)		Direct
PSU 2016	$		Common Stock, par value $.0.01 (22845.1183)		Direct
PSU 2017	$		Common Stock, par value $.0.01 (8459.8074)		Direct
PSU 2018	$		Common Stock, par value $.0.01 (10956.2778)		Direct
RSU 2016	$		Common Stock, par value $.0.01 (5173.2173)		Direct
RSU 2017	$		Common Stock, par value $.0.01 (2001.8535)		Direct
RSU 2018	$		Common Stock, par value $.0.01 (2707.0348)		Direct

Footnotes

F1: These are shares issuable under performance units that vested on January 18, 2010, and which the reporting person elected to defer receipt of until his separation of service from the Issuer. During the deferral period, the deferred shares earn dividend equivalents. The balance shown includes dividend equivalents earned since January 18, 2010. Each share is the economic equivalent of one share of the Issuer's common stock.

F2: These are shares issuable under performance units that vested on January 17, 2011, and which the reporting person elected to defer receipt of until his separation of service from the Issuer. During the deferral period, the deferred shares earn dividend equivalents. The balance shown includes dividend equivalents earned since January 17, 2011. Each share is the economic equivalent of one share of the Issuer's common stock.

F3: These are shares issuable under performance units that vested on February 19, 2017, and which the reporting person elected to defer receipt of until his separation of service from the Issuer. During both the vesting and deferral periods, the shares earn dividend equivalents. The balance shown includes dividend equivalents earned through May 15, 2018. The award will continue to earn dividend equivalents during the deferral period. Each share is the economic equivalent of one share of the Issuer's common stock.

F4: Performance units awarded under the Issuer's Equity Compensation Plan. The award will vest on February 17, 2019, for a percentage (0% to 200%) 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 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 balance shown includes dividend equivalents earned since the award date of February 17, 2016. The award and credited dividend equivalents will be payable one share of the Issuer's common stock for each vested performance unit and dividend equivalent.

F5: Performance units awarded under the Issuer's Equity Compensation Plan. The award will vest on February 22, 2020, for a percentage (0% to 200%) 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 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 balance shown includes dividend equivalents earned since the award date of February 22, 2017. The award and credited dividend equivalents will be payable one share of the Issuer's common stock for each vested performance unit and dividend equivalent.

F6: Performance units awarded under the Issuer's Equity Compensation Plan. The award will vest on February 21, 2021, for a percentage (0% to 200%) 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 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 balance shown includes dividend equivalents earned since the award date of February 21, 2018. The award and credited dividend equivalents will be payable one share of the Issuer's common stock for each vested performance unit and dividend equivalent.

F7: Restricted units awarded under the Issuer's Long Term Incentive Plan. The award vests on February 17, 2019. 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 balance shown includes dividend equivalents earned since the award date of February 17, 2016. The award and credited dividend equivalents will be payable one share of the Issuer's common stock for each vested restricted unit and dividend equivalent.

F8: Restricted units awarded under the Issuer's Long Term Incentive Plan. The award vests on February 22, 2020. 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 balance shown includes dividend equivalents earned since the award date of February 22, 2017. The award and credited dividend equivalents will be payable one share of the Issuer's common stock for each vested restricted unit and dividend equivalent.

F9: Restricted units awarded under the Issuer's Long Term Incentive Plan. The award vests on February 21, 2021. 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 balance shown includes dividend equivalents earned since the award date of February 21, 2018. The award and credited dividend equivalents will be payable one share of the Issuer's common stock for each vested restricted unit and dividend equivalent.