ONEOK INC /NEW/ — Director's Dealing 2020

Feb 25, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ONEOK INC /NEW/ (OKE)
CIK: 0001039684
Period of Report: 2020-02-22

Reporting Person: BURDICK KEVIN L (EVP, Chief Operating Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-22	Common Stock, par value $.0.01	F	13475.0412	$76.91	Disposed	54738.4608	Direct
2020-02-22	Common Stock, par value $.0.01	F	1450.1013	$76.91	Disposed	53288.3595	Direct
2020-02-22	Common Stock, par value $.0.01	M	30282.0412	$76.91	Acquired	83570.4007	Direct
2020-02-22	Common Stock, par value $.0.01	M	3269.1013	$76.91	Acquired	86839.502	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-02-22	PSU 2017	$	M	15141.0206	Disposed		Common Stock, par value $.0.01 (15141.0206)	Direct
2020-02-22	RSU 2017	$	M	3269.1013	Disposed		Common Stock, par value $.0.01 (3269.1013)	Direct

Footnotes

F1: Performance units awarded under the Issuer's Equity Compensation Plan. The award vested on February 22, 2020, at 200% of the performance units awarded based upon the Issuer's total shareholder return compared to total shareholder return of a selected peer group over the 3-year vesting period. 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 and dividend equivalent.

F2: Restricted units awarded under the Issuer's Long Term Incentive Plan. The award vested on February 22, 2020. 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 were payable one share of the Issuer's common stock for each vested restricted unit and dividend equivalent.