TESORO CORP /NEW/ 4
4 · TESORO CORP /NEW/ · Filed Jan 4, 2017
Insider Transaction Report
Form 4
NOKES JIM W
Director
Transactions
- Award
Phantom Stock
[F1][F2][F3][F4]2016-12-31+4.603→ 761.454 total→ Common Stock (4.603 underlying)
Footnotes (4)
- [F1]Security deemed to convert to common stock on a one -for-one basis.
- [F2]Dividend equivalent rights accrued to previously granted phantom stock awards, which were part of the compensation program for non-employee directors.
- [F3]Vesting and payout occurs on the earliest of death, disability, or the vesting and payout of the underlying award with respect to which the dividend equivalents relate.
- [F4]Balance includes multiple phantom stock grants and previously accrued dividend equivalents.
Signature
/s/ Carrie P. Ryan, Attorney-in-Fact for J. W. Nokes|2017-01-03