ONEOK INC /NEW/ 4
4 · ONEOK INC /NEW/ · Filed Feb 20, 2015
Insider Transaction Report
Form 4
LAKE STEPHEN WILLIAM
SR VP & GENERAL COUNSEL
Transactions
- Award
Performance Units 2015
2015-02-18+12,450→ 12,450 total→ Common Stock, par value $.0.01 (5 underlying) - Award
Restricted Units 2015
2015-02-18+3,100→ 3,100 total→ Common Stock, par value $.0.01 (3,100 underlying)
Footnotes (2)
- [F1]Performance units awarded under the Issuer's Equity Compensation Plan. The award will vest on February 18, 2018, 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 18, 2018. 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.