BOK FINANCIAL CORP ET AL (Form: 5, Received: 02/14/2017 12:25:31)

FORM 5

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
[ ] Form 3 Holdings Reported
[ X ] Form 4 Transactions Reported

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person ^*
NELL STEVEN E
2. Issuer Name and Ticker or Trading Symbol
BOK FINANCIAL CORP ET AL [BOKF]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
EVP, CFO

(Last)          (First)          (Middle)
C/O FREDERIC DORWART, 124 E FOURTH STREET
3. Statement for Issuer's Fiscal Year Ended (MM/DD/YYYY)
12/31/2016

(Street)
TULSA, OK 74103
(City)        (State)        (Zip) 4. If Amendment, Date Original Filed (MM/DD/YYYY)

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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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)

Amount (A) or (D) Price

Common Stock 11/16/2016 G 30 D $79.85 64256 D

Common Stock 11/17/2016 G 50 D $80.53 64206 D

Common Stock 12/27/2016 12/7/2016 J ⁽¹⁾ 7985 D $0 56221 D

Common Stock 12/27/2016 12/7/2016 J ⁽¹⁾ 6320 A $0 6320 I Charitable Remainder Trust of Steven Earl Nell and Malisa Ann Nell

Common Stock 12/27/2016 12/7/2016 J ⁽¹⁾ 333 A $0 333 I Forrest Robert Nell Irrevocable Trust of 2016

Common Stock 12/27/2016 12/7/2016 J ⁽¹⁾ 333 A $0 333 I Emma Eleanor Nell Irrevocable Trust of 2016

Common Stock 12/27/2016 12/7/2016 J ⁽¹⁾ 333 A $0 333 I Stefani Grace Nell Irrevocable Trust of 2016

Common Stock 12/27/2016 12/7/2016 J ⁽¹⁾ 333 A $0 333 I Sara Rose Nell Irrevocable Trust of 2016

Common Stock 12/27/2016 12/7/2016 J ⁽¹⁾ 333 A $0 333 I Natalie Ann Nell Irrevocable Trust of 2016

Common Stock 12/28/2016 12/7/2016 J ⁽²⁾ 2000 D $0 54221 D

Common Stock 12/28/2016 12/7/2016 J ⁽²⁾ 2000 A $0 8320 I Charitable Remainder Trust of Steven Earl Nell and Malisa Ann Nell

Common Stock 12/29/2016 S4 4320 D $82.6264 ⁽³⁾ ⁽⁴⁾ 4000 I Charitable Remainder Trust of Steven Earl Nell and Malisa Ann Nell

Common Stock 12/30/2016 G 15 D $83.04 54206 D

Common Stock 1/3/2017 12/31/2016 S4 2000 D $81.508 ⁽⁵⁾ ⁽⁶⁾ 2000 I Charitable Remainder Trust of Steven Earl Nell and Malisa Ann Nell

Common Stock 1/4/2017 12/31/2016 S4 2000 D $83.33 0 I Charitable Remainder Trust of Steven Earl Nell and Malisa Ann Nell

Common Stock 1/4/2017 12/31/2016 S4 333 D $83.3 0 I Forrest Robert Nell Irrevocable Trust of 2016

Common Stock 1/4/2017 12/31/2016 S4 333 D $83.3 0 I Emma Eleanor Nell Irrevocable Trust of 2016

Common Stock 1/4/2017 12/31/2016 S4 333 D $83.3 0 I Stefani Grace Nell Irrevocable Trust of 2016

Common Stock 1/4/2017 12/31/2016 S4 333 D $83.3 0 I Sara Rose Nell Irrevocable Trust of 2016

Common Stock 1/4/2017 12/31/2016 S4 333 D $83.3 0 I Natalie Ann Nell Irrevocable Trust of 2016

Common Stock 12/31/2016 J ⁽⁷⁾ 28.6869 A $0 54234.6869 ⁽⁸⁾ D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)

1. Title of Derivate Security
(Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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
(MM/DD/YYYY) 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 at End of Issuer's Fiscal Year
(Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4) 11. Nature of Indirect Beneficial Ownership
(Instr. 4)

(A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Explanation of Responses:

(1) Mr. Nell transferred 7,985 shares from shares directly held to Charitable Remainder Trust of Steven Earl Nell and Malisa Ann Nell, Forrest Robert Nell Irrevocable Trust of 2016, Emma Eleanor Nell Irrevocable Trust of 2016, Stefani Grace Nell Irrevocable Trust of 2016, Sara Rose Nell Irrevocable Trust of 2016, and Natalie Ann Nell Irrevocable Trust of 2016.

(2) Mr. Nell transferred 2,000 shares from shares directly held to Charitable Remainder Trust of Steven Earl Nell and Malisa Ann Nell.

(3) The reporting person undertakes to provide to BOK Financial Corporation, any security holder of BOK Financial Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (4) to this Form 4.

(4) The price reported in Column 4 is a weighted price. The shares were sold in multiple transactions at prices ranging from $82.53 to 82.75, inclusive.

(5) The reporting person undertakes to provide to BOK Financial Corporation, any security holder of BOK Financial Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (6) to this Form 4.

(6) The price reported in Column 4 is a weighted price. The shares were sold in multiple transactions at prices ranging from $81.45 to 81.59, inclusive.

(7) These shares are related to the BOK Thrift Plan for which employees own investment units which hold BOKF common stock.

(8) 28.6869 shares are related to Mr. Nell's BOK Thrift Plan holdings only. Mr. Nell also owns 54,206 shares directly as of 12/31/2016.

Reporting Owners

Reporting Owner Name / Address Relationships

Director 10% Owner Officer Other

NELL STEVEN E
C/O FREDERIC DORWART
124 E FOURTH STREET
TULSA, OK 74103

EVP, CFO

Signatures

/s/ Frederic Dorwart, Power of Attorney 2/14/2017

^** 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).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

1. Name and Address of Reporting Person ^* NELL STEVEN E	2. Issuer Name and Ticker or Trading Symbol BOK FINANCIAL CORP ET AL [BOKF]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __ X __ Officer (give title below) _____ Other (specify below) EVP, CFO
(Last) (First) (Middle) C/O FREDERIC DORWART, 124 E FOURTH STREET	3. Statement for Issuer's Fiscal Year Ended (MM/DD/YYYY) 12/31/2016
(Street) TULSA, OK 74103 (City) (State) (Zip)	4. If Amendment, Date Original Filed (MM/DD/YYYY)	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. Trans. Date	2A. Deemed Execution Date, if any	3. Trans. 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)
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	3. Trans. Code (Instr. 8)	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	11/16/2016		G	30	D	$79.85	64256	D
Common Stock	11/17/2016		G	50	D	$80.53	64206	D
Common Stock	12/27/2016	12/7/2016	J ⁽¹⁾	7985	D	$0	56221	D
Common Stock	12/27/2016	12/7/2016	J ⁽¹⁾	6320	A	$0	6320	I	Charitable Remainder Trust of Steven Earl Nell and Malisa Ann Nell
Common Stock	12/27/2016	12/7/2016	J ⁽¹⁾	333	A	$0	333	I	Forrest Robert Nell Irrevocable Trust of 2016
Common Stock	12/27/2016	12/7/2016	J ⁽¹⁾	333	A	$0	333	I	Emma Eleanor Nell Irrevocable Trust of 2016
Common Stock	12/27/2016	12/7/2016	J ⁽¹⁾	333	A	$0	333	I	Stefani Grace Nell Irrevocable Trust of 2016
Common Stock	12/27/2016	12/7/2016	J ⁽¹⁾	333	A	$0	333	I	Sara Rose Nell Irrevocable Trust of 2016
Common Stock	12/27/2016	12/7/2016	J ⁽¹⁾	333	A	$0	333	I	Natalie Ann Nell Irrevocable Trust of 2016
Common Stock	12/28/2016	12/7/2016	J ⁽²⁾	2000	D	$0	54221	D
Common Stock	12/28/2016	12/7/2016	J ⁽²⁾	2000	A	$0	8320	I	Charitable Remainder Trust of Steven Earl Nell and Malisa Ann Nell
Common Stock	12/29/2016		S4	4320	D	$82.6264 ⁽³⁾ ⁽⁴⁾	4000	I	Charitable Remainder Trust of Steven Earl Nell and Malisa Ann Nell
Common Stock	12/30/2016		G	15	D	$83.04	54206	D
Common Stock	1/3/2017	12/31/2016	S4	2000	D	$81.508 ⁽⁵⁾ ⁽⁶⁾	2000	I	Charitable Remainder Trust of Steven Earl Nell and Malisa Ann Nell
Common Stock	1/4/2017	12/31/2016	S4	2000	D	$83.33	0	I	Charitable Remainder Trust of Steven Earl Nell and Malisa Ann Nell
Common Stock	1/4/2017	12/31/2016	S4	333	D	$83.3	0	I	Forrest Robert Nell Irrevocable Trust of 2016
Common Stock	1/4/2017	12/31/2016	S4	333	D	$83.3	0	I	Emma Eleanor Nell Irrevocable Trust of 2016
Common Stock	1/4/2017	12/31/2016	S4	333	D	$83.3	0	I	Stefani Grace Nell Irrevocable Trust of 2016
Common Stock	1/4/2017	12/31/2016	S4	333	D	$83.3	0	I	Sara Rose Nell Irrevocable Trust of 2016
Common Stock	1/4/2017	12/31/2016	S4	333	D	$83.3	0	I	Natalie Ann Nell Irrevocable Trust of 2016
Common Stock	12/31/2016		J ⁽⁷⁾	28.6869	A	$0	54234.6869 ⁽⁸⁾	D

*Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g.* , puts, calls, warrants, options, convertible securities)**
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	4. Trans. 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 (MM/DD/YYYY)		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 at End of Issuer's Fiscal Year (Instr. 4)	10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	4. Trans. Code (Instr. 8)	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)			11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:
(1)	Mr. Nell transferred 7,985 shares from shares directly held to Charitable Remainder Trust of Steven Earl Nell and Malisa Ann Nell, Forrest Robert Nell Irrevocable Trust of 2016, Emma Eleanor Nell Irrevocable Trust of 2016, Stefani Grace Nell Irrevocable Trust of 2016, Sara Rose Nell Irrevocable Trust of 2016, and Natalie Ann Nell Irrevocable Trust of 2016.
(2)	Mr. Nell transferred 2,000 shares from shares directly held to Charitable Remainder Trust of Steven Earl Nell and Malisa Ann Nell.
(3)	The reporting person undertakes to provide to BOK Financial Corporation, any security holder of BOK Financial Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (4) to this Form 4.
(4)	The price reported in Column 4 is a weighted price. The shares were sold in multiple transactions at prices ranging from $82.53 to 82.75, inclusive.
(5)	The reporting person undertakes to provide to BOK Financial Corporation, any security holder of BOK Financial Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (6) to this Form 4.
(6)	The price reported in Column 4 is a weighted price. The shares were sold in multiple transactions at prices ranging from $81.45 to 81.59, inclusive.
(7)	These shares are related to the BOK Thrift Plan for which employees own investment units which hold BOKF common stock.
(8)	28.6869 shares are related to Mr. Nell's BOK Thrift Plan holdings only. Mr. Nell also owns 54,206 shares directly as of 12/31/2016.

Reporting Owners
Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
NELL STEVEN E C/O FREDERIC DORWART 124 E FOURTH STREET TULSA, OK 74103			EVP, CFO

Signatures
/s/ Frederic Dorwart, Power of Attorney		2/14/2017
^** 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).
Note:	File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.