ONEOK INC /NEW/ — Director's Dealing 2023

Feb 24, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ONEOK INC /NEW/ (OKE)
CIK: 0001039684
Period of Report: 2023-02-22

Reporting Person: ALLEN STEPHEN BRENT (Senior VP General Counsel and)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-02-22	PSU 2023	$	A	13257	Acquired		Common Stock, par value $.0.01 (13257)	Direct
2023-02-22	RSU 2023	$	A	3314	Acquired		Common Stock, par value $.0.01 (3314)	Direct

Footnotes

F1: Performance units awarded under Issuer's Equity Incentive Plan. The award will vest on February 22, 2026, for a percentage (0% to 200%) of performance units awarded based upon the Issuer's total shareholder return compared to total shareholder return of a selected peer group, subject to the certification by Executive Compensation Committee of the applicable performance requirements. 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 award and credited dividend equivalents will be payable one share of the Issuer's common stock for each vested performance unit, including additional performance units resulting from dividend equivalents.

F2: Restricted units awarded under Issuer's Equity Incentive Plan. The award vests on February 22, 2026. 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 award and credited dividend equivalents will be payable one share of the Issuer's common stock for each vested restricted unit, including additional restricted units resulting from dividend equivalents.