TESORO CORP /NEW/ 4
4 · TESORO CORP /NEW/ · Filed Jan 5, 2015
Insider Transaction Report
Form 4
GRAPSTEIN STEVEN H
Director
Transactions
- Award
Phantom Stock
2014-12-31+150.233→ 58,236.375 total→ Common Stock (150.233 underlying)
Footnotes (4)
- [F1]Security converts to common stock on a one for one basis.
- [F2]Dividend equivalent rights accrued to previously granted phantom stock awards which were part of corporation 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, 15,000 stock options, and 5,303 restricted stock units.