ALLEN STEPHEN BRENT 4
4 · ONEOK INC /NEW/ · Filed Feb 24, 2023
Insider Transaction Report
Form 4
ALLEN STEPHEN BRENT
VP & Associate General Counsel
Transactions
- Award
PSU 2023
2023-02-22$66.38/sh+13,257$880,000→ 13,257 total→ Common Stock, par value $.0.01 (13,257 underlying) - Award
RSU 2023
2023-02-22$3314.00/sh+3,314$10,982,596→ 3,314 total→ Common Stock, par value $.0.01 (3,314 underlying)
Footnotes (2)
- [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.