Anderson Phillip M 4
4 · TESORO LOGISTICS LP · Filed May 18, 2011
Insider Transaction Report
Form 4
Anderson Phillip M
DirectorPresident
Transactions
- Award
Phantom Units
2011-05-16+3,700→ 3,700 total→ Commun Units (3,700 underlying)
Footnotes (2)
- [F1]Award of units and DERs will vest ratably over a three year period beginning with the date of grant. Distribution equivalent amounts on any particular unit will be accumulated and paid when the unit vests. Unpaid distribution equivalents will not bear interest.
- [F2]Upon vesting or a termination event following a Change in Control of TLGP, a termination of the employee by the Company or TLGP for reasons other than cause or the death or diability of the employee.