O'Toole Joseph 4
4 · PHILLIPS 66 PARTNERS LP · Filed Jan 22, 2020
Insider Transaction Report
Form 4
O'Toole Joseph
Director
Transactions
- Exercise/Conversion
Phantom Units
2020-01-17−1,598→ 0 totalFrom: 2020-01-17→ Common Units (Limited Partner Interests) (1,598 underlying) - Disposition to Issuer
Common Units (Limited Partner Interests)
2020-01-17$64.31/sh−1,598$102,767→ 10,000 total - Exercise/Conversion
Common Units (Limited Partner Interests)
2020-01-17+1,598→ 11,598 total
Holdings
- 25,000(indirect: By Partnership)
Common Units (Limited Partner Interests)
Footnotes (4)
- [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 17, 2020.
- [F3]Each phantom unit is the economic equivalent of one common unit of Phillips 66 Partners LP.
- [F4]The phantom units do not have an expiration date.