Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
KYLE DAVID L
  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
_____ Officer (give title below) __X__ Other (specify below)
Chairman of the Board
(Last)
(First)
(Middle)
100 W. FIFTH STREET
3. Date of Earliest Transaction (Month/Day/Year)
05/28/2008
(Street)

TULSA, OK 74103
4. If Amendment, Date 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
(City)
(State)
(Zip)
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 05/28/2008   M   3,200 A $ 34.61 288,465 D  
Common Stock, par value $.0.01 05/28/2008   S   3,200 D $ 50.05 285,265 D  
Common Stock, par value $.0.01 05/28/2008   M   9,162 A $ 34.61 294,427 D  
Common Stock, par value $.0.01 05/28/2008   S   9,162 D $ 50.06 285,265 D  
Common Stock, par value $.0.01 05/28/2008   M   2,374 A $ 34.61 287,639 D  
Common Stock, par value $.0.01 05/28/2008   S   2,374 D $ 50.06 285,265 D  
Common Stock, par value $.0.01 05/28/2008   M   200 A $ 34.61 285,465 D  
Common Stock, par value $.0.01 05/28/2008   S   200 D $ 50.07 285,265 D  
Common Stock, par value $.0.01 05/28/2008   M   230 A $ 34.61 285,495 D  
Common Stock, par value $.0.01 05/28/2008   S   230 D $ 50.08 285,265 D  
Common Stock, par value $.0.01 05/28/2008   M   700 A $ 34.61 285,965 D  
Common Stock, par value $.0.01 05/28/2008   S   700 D $ 50.09 285,265 D  
Common Stock, par value $.0.01 05/28/2008   M   5,500 A $ 34.61 290,765 D  
Common Stock, par value $.0.01 05/28/2008   S   5,500 D $ 50.1 285,265 (1) D  
Common Stock, par value $.0.01               500 I By Step-Son
Common Stock, par value $.0.01               51,071 I IRA
Common Stock, par value $.0.01               500 I by Son
Common Stock, par value $.0.01               20,000 I by Spouse

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 Underlying Securities
(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 of Derivative Security: 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
Non-Qualified Stock Option (right to buy) $ 34.61 05/28/2008   M     3,200   (2) 10/15/2008 Common Stock, par value $.0.01 3,200 $ 50.05 18,166 D  
Non-Qualified Stock Option (right to buy) $ 34.61 05/28/2008   M     9,162   (2) 10/15/2008 Common Stock, par value $.0.01 9,162 $ 50.06 9,004 D  
Non-Qualified Stock Option (right to buy) $ 34.61 05/28/2008   M     2,374   (2) 10/15/2008 Common Stock, par value $.0.01 2,374 $ 50.06 6,630 D  
Non-Qualified Stock Option (right to buy) $ 34.61 05/28/2008   M     200   (2) 10/15/2008 Common Stock, par value $.0.01 200 $ 50.07 6,430 D  
Non-Qualified Stock Option (right to buy) $ 34.61 05/28/2008   M     230   (2) 10/15/2008 Common Stock, par value $.0.01 230 $ 50.08 6,200 D  
Non-Qualified Stock Option (right to buy) $ 34.61 05/28/2008   M     700   (2) 10/15/2008 Common Stock, par value $.0.01 700 $ 50.09 5,500 D  
Non-Qualified Stock Option (right to buy) $ 34.61 05/28/2008   M     5,500   (2) 10/15/2008 Common Stock, par value $.0.01 5,500 $ 55.1 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
KYLE DAVID L
100 W. FIFTH STREET
TULSA, OK 74103
  X     Chairman of the Board

Signatures

 By: Eric Grimshaw, Attorney in Fact For: David L. Kyle   05/30/2008
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) A previously reported sale of 30,000 shares by the reporting person on 5-16-08 was incorrectly presented on the Form 4 filed at that time as having been sold from the reporting person's direct holdings. However, the previously reported sale was made from shares held by the reporting person in an IRA. In addition to the previously reported 30,000 shares sold from the IRA account, the reporting person transferred 4,111 shares from his IRA account to his brokerage account (constituting a non-reportable change in beneficial ownership). The balance of directly-held securities and those held in the reporting person's IRA reflect these corrections.
(2) This is a reload option having the same terms as the original option. The expiration date shown is that of the original option. The reload is fully vested.

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