| FORM 3 | UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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1. Name and Address of Reporting Person*
(Street)
| 2. Date of Event Requiring Statement (Month/Day/Year) 09/12/2022 | 3. Issuer Name and Ticker or Trading Symbol ONEOK INC /NEW/ [ OKE ] | |||||||||||||
| 4. Relationship of Reporting Person(s) to Issuer (Check all applicable)
| 5. If Amendment, Date of Original Filed (Month/Day/Year) | ||||||||||||||
6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Beneficially Owned | |||
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| 1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
| Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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| 1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
| Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
| PSU 2022 | (1) | (1) | Common Stock, par value $.0.01 | 9,394 | (1) | D | |
| RSU 2022 | (2) | (2) | Common Stock, par value $.0.01 | 2,349 | (2) | D | |
| RSU2022-JH-KW | (3) | (3) | Common Stock, par value $.0.01 | 12,526 | (3) | D | |
| Explanation of Responses: |
| 1. 9,394 Performance units awarded under the Issuers Equity Incentive Plan upon becoming the Issuers Senior Vice President-Chief HR Officer, effective 9/12/2022. The price of the derivative security is $63.87 which was the OKE closing price on 9/12/2022. The award will vest on 2/23/2025, for a percentage (0%-200%) of the performance units awarded based upon the Issuers 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 award and credited dividend equivalents will be payable one share of the Issuers common stock for each vested performance unit, including additional performance units resulting from dividend equivalents. |
| 2. 2,349 Restricted units awarded under the Issuers Equity Incentive Plan upon becoming the Issuers Senior Vice President-Chief HR Officer, effective 9/12/2022. The price of the derivative security is $63.87 which was the OKE closing price on 9/12/2022. The award vests on 2/23/2025. 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 Issuers common stock for each vested restricted unit, including additional restricted units resulting from dividend equivalents. |
| 3. 12,526 Restricted units awarded under the Issuers Equity Incentive Plan upon becoming the Issuers Senior Vice President-Chief HR Officer, effective 9/12/2022. The price of the derivative security is $63.87 which was the OKE closing price on 9/12/2022. Half of the award will vest 9/12/2023, and the remaining half will vest on 9/12/2024. During the 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 Issuers common stock for each vested restricted unit, including additional restricted units resulting from dividend equivalents. |
| By: Pat Cipolla, Attorney-in-Fact For: Janet Hogan | 09/21/2022 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 5 (b)(v). | ||
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||
