ONEOK INC /NEW/ 4
4 · ONEOK INC /NEW/ · Filed Feb 24, 2017
Insider Transaction Report
Form 4
CHRISTENSEN WESLEY JOHN
Sr. VP-Operations
Transactions
- Award
PSU 2017
2017-02-22$53.52/sh+11,200$599,424→ 11,200 total→ Common Stock, par value $.0.01 (11,200 underlying) - Award
RSU 2017
2017-02-22$53.52/sh+2,800$149,856→ 2,800 total→ Common Stock, par value $.0.01 (2,800 underlying)
Footnotes (2)
- [F1]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 award and credited dividend equivalents will be 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 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 award and credited dividend equivalents will be payable one share of the Issuer's common stock for each vested restricted unit and dividend equivalent.