O'Toole Joseph 4
4 · PHILLIPS 66 PARTNERS LP · Filed Jan 17, 2019
Insider Transaction Report
Form 4
O'Toole Joseph
Director
Transactions
- Exercise/Conversion
Common Units (Limited Partner Interests)
2019-01-15+1,418→ 11,418 total - Exercise/Conversion
Phantom Units
2019-01-15−1,418→ 0 totalFrom: 2019-01-15→ Common Units (Limited Partner Interests) (1,418 underlying) - Award
Phantom Units
2019-01-15+1,650→ 1,650 totalFrom: 2022-01-15→ Common Units (Limited Partner Interests) (1,650 underlying) - Disposition to Issuer
Common Units (Limited Partner Interests)
2019-01-15$48.50/sh−1,418$68,777→ 10,000 total
Holdings
- 10,000
Common Units (Limited Partner Interests)
- 25,000(indirect: By Partnership)
Common Units (Limited Partner Interests)
Footnotes (5)
- [F1]The reporting person did not purchase or sell any common units in the settlement of the award. The transaction represents the required reporting for the cash settlement of a phantom stock award.
- [F2]The price reflected above is the average of the high and the low price of the Company's common unit on January 15, 2019.
- [F3]Phantom units are the economic equivalent of one common unit of Phillips 66 Partners LP and convert on a one-for-one basis.
- [F4]Annual grant to non-employee directors of phantom units.
- [F5]Phantom units do not have an expiration date.