(Date
of report)
|
May
27, 2009
|
|
(Date
of earliest event reported)
|
May
21,
2009
|
Oklahoma
|
001-13643
|
73-1520922
|
||
(State
or other jurisdiction
|
(Commission
|
(IRS
Employer
|
||
of
incorporation)
|
File
Number)
|
Identification
No.)
|
Item 5.02
|
Departure of Directors or Certain Officers;
Election of Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.
|
|
In
accordance with our By-laws and Corporate Governance Guidelines, Mollie B.
Williford would have been required to retire from our Board of Directors
upon reaching her 73rd birthday in August 2009. Therefore, Ms.
Williford did not stand for re-election to our Board of Directors at our
annual meeting of shareholders held on May 21, 2009, and retired from our
Board of Directors on that date. Ms. Williford served on our
Board of Directors for more than six years. Upon Ms.
Williford’s retirement from our Board of Directors, the number of members
of our Board of Directors was reduced from 12 to
11.
|
||
Item 8.01
|
Other Events
|
|
On
May 21, 2009, our Board of Directors approved certain amendments to the
ONEOK, Inc. Annual Officer Incentive Plan (the “Plan”) to (i) provide that
a Plan participant may have to repay Plan awards or have future Plan
awards or other compensation reduced if our Board of Directors or our
Board’s Executive Compensation Committee determines that such
participant’s fraud, negligence or intentional misconduct contributed to
the restatement of all or a portion of our financial statements, and (ii)
modify the Plan’s definition of retirement to clarify that an individual
must have completed at least five years of service with us and have
attained the age of fifty before qualifying for retirement. The
amendments were effective immediately.
|
||
Item 9.01
|
Financial Statements and
Exhibits
|
|
Exhibits
|
||
10.1 Amended
and Restated ONEOK, Inc. Annual Officer Incentive Plan.
|
||
ONEOK,
Inc.
|
|||
Date:
|
May
27, 2009
|
By:
|
/s/ Curtis L. Dinan
|
Senior
Vice President -
Chief
Financial Officer and
Treasurer
|