TESORO CORP /NEW/ 4
4 · TESORO CORP /NEW/ · Filed Jun 30, 2017
Insider Transaction Report
Form 4
LILLEY DAVID
Director
Transactions
- Award
Phantom Stock
2017-06-30+23.38→ 3,922.909 total→ Common Stock (23.381 underlying)
Footnotes (3)
- [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.