TESORO CORP /NEW/ 4
4 · TESORO CORP /NEW/ · Filed Feb 1, 2016
Insider Transaction Report
Form 4
Parrish Charles S
EVP, Gen Counsel & Sec
Transactions
- Award
Market Stock Unit Award
[F1][F3][F2][F4]2016-01-28+4,240→ 22,022 total→ Common Stock (4,240 underlying)
Footnotes (4)
- [F1]Each market stock unit award represents a contingent right to receive one share of TSO common stock at target payout levels.
- [F2]The market stock unit award will vest on January 28, 2019 and will be settled in stock between 50% and 200% of target payout levels.
- [F3]Award granted by the Compensation Committee of the Board of Directors.
- [F4]Balance includes multiple grants with various vesting dates.
Signature
Jean M. Mosel, Attorney-in-Fact for Charles S. Parrish|2016-02-01