SPENCER TERRY K 4
4 · ONEOK INC /NEW/ · Filed Feb 20, 2020
Insider Transaction Report
Form 4
SPENCER TERRY K
OKS - COO
Transactions
- Award
PSU 2020
2020-02-19$76.75/sh+49,511$3,799,969→ 49,511 total→ Common Stock, par value $.0.01 (49,511 underlying) - Award
RSU 2020
2020-02-19$76.75/sh+12,378$950,012→ 12,378 total→ Common Stock, par value $.0.01 (12,378 underlying)
Footnotes (2)
- [F1]Performance units awarded under the Issuer's Equity Incentive Plan. The award will vest on February 19, 2023, 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 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 the Issuer's Equity Incentive Plan. The award vests on February 19, 2023. 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.