SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
KYLE DAVID L

(Last) (First) (Middle)
ONEOK INC
100 WEST FIFTH STREET

(Street)
TULSA OK 74103

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ONEOK INC /NEW/ [ OKE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) X Other (specify below)
Chairman of the Board & Chairman of the Board &
3. Date of Earliest Transaction (Month/Day/Year)
01/19/2004
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, par value $.0.01(1) 72,127 D
Common Stock, par value $.0.01 143,721 I Restricted(2)
Common Stock, par value $.0.01 69,833 I by Thrift Plan(3)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Performance Share Units (4) 01/15/2004 A 41,332 (4) 01/15/2007 Common Stock, par value $.0.01 41,332 $0 41,332 D
Restricted Stock Incentive Units (5) 01/15/2004 A 41,332 (5) 01/15/2007 Common Stock, par value $.0.01 41,332 $0 41,332 D
Non-Qualified Stock Option (right to buy) $14.58 10/21/2000(6) 10/21/2009 Common Stock, par value $.0.01 8,900 8,900 D
Non-Qualified Stock Option (right to buy) $16.88 (7) 02/20/2013 Common Stock, par value $.0.01 50,000 50,000 D
Non-Qualified Stock Option (right to buy) $17.045 01/17/2003(8) 01/17/2012 Common Stock, par value $.0.01 71,250 71,250 D
Non-Qualified Stock Option (right to buy) $17.88 01/27/1999 11/16/2005 Common Stock, par value $.0.01 11,838 11,838 D
Non-Qualified Stock Option (right to buy) $20.78 12/06/2003(9) 11/16/2005 Common Stock, par value $.0.01 2,355 2,355 D
Non-Qualified Stock Option (right to buy) $20.78 12/06/2003(9) 10/10/2006 Common Stock, par value $.0.01 10,344 10,344 D
Non-Qualified Stock Option (right to buy) $20.78 12/06/2003(9) 10/15/2008 Common Stock, par value $.0.01 20,592 20,592 D
Non-Qualified Stock Option (right to buy) $20.78 12/06/2003(9) 10/21/2009 Common Stock, par value $.0.01 6,243 6,243 D
Non-Qualified Stock Option (right to buy) $20.78 12/06/2003(9) 01/17/2012 Common Stock, par value $.0.01 19,481 19,481 D
Non-Qualified Stock Option (right to buy) $20.885 (9) 10/16/2007 Common Stock, par value $.0.01 9,542 9,542 D
Non-Qualified Stock Option (right to buy) $20.885 (9) 10/15/2008 Common Stock, par value $.0.01 14,923 14,923 D
Non-Qualified Stock Option (right to buy) $20.885 (9) 10/21/2009 Common Stock, par value $.0.01 6,212 6,212 D
Non-Qualified Stock Option (right to buy) $21.23 (9) 10/16/2007 Common Stock, par value $.0.01 17,320 17,320 D
Non-Qualified Stock Option (right to buy) $21.23 (9) 10/21/2009 Common Stock, par value $.0.01 6,110 6,110 D
Non-Qualified Stock Option (right to buy) $22.31 (10) 01/18/2011 Common Stock, par value $.0.01 80,000 80,000 D
Performance Shares (11) (11) (11) Common Stock, par value $.0.01 50,000 50,000 D
Explanation of Responses:
1. In addition to the common stock reflected in Column 5, the reporting person owns 140,044 shares of ONEOK restricted common stock and 68,467 shares of ONEOK common stock held for his account by the ONEOK Thrift Plan.
2. Restricted stock awarded under the Issuer's Long-Term Incentive Plan. Restricted stock awards vest in full 36 months from the date of grant or the participant is vested as to the number of whole months that have elapsed during the restricted period at the date of the participant's retirement, disability or death.
3. Held by the Trustee of the Thrift Plan for Employees of ONEOK, Inc. and Subsidiaries.
4. Performance share units awarded under the Issuer's Long-Term Incentive Plan. The award vests on January 15, 2007, for a percentage (0% to 200%) of the performance shares awarded upon the Company's total stockholder return compared to total stockholder return of a selected peer group. Performance share units are payable one third in cash and two thirds in shares of the Issuer's common stock. The amount set forth in Column 5 represents the 2/3 portion of the grant payable in shares of the Issuer's common stock.
5. Restricted stock incentive units awarded under the Issuer's Long-Term Incentive Plan. The award vests on January 15, 2007, and is payable one third in cash and two thirds in shares of the Issuer's common stock. The amount set forth in Column 5 represents the 2/3 portion of the grant payable in shares of the Issuer's common stock.
6. This option vests in four equal annual installments beginning on October 21, 2000.
7. Annual option grant under the Issuer's Long-Term Incentive Plan. This option vests in three equal annual installments beginning 02/20/04.
8. Annual option grant under the Issuer's Long-Term Incentive Plan. This option vests in four equal annual installments beginning 01/17/03.
9. This is a reload option having the same terms as the original option and exercisable in six months from the date of grant.
10. Annual option grant under the Issuer's Long-Term Incentive Plan. This option vests in four equal annual installments beginning 01/18/02.
11. Performance shares awarded under the Issuer's Long-Term Incentive Plan. The award vests for a percentage (0% to 200%) of the performance shares awarded 36 months from the date of grant based upon the Company's total stockholder return compared to total stockholder return of a selected peer group.
By: Eric Grimshaw, Attorney in Fact For: David L. Kyle 01/19/2004
** 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 4 (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).
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