4//SEC Filing
Bairrington Phillip David 4
Accession 0001534701-20-000033
CIK 0001572910other
Filed
Jan 21, 7:00 PM ET
Accepted
Jan 22, 5:23 PM ET
Size
10.3 KB
Accession
0001534701-20-000033
Insider Transaction Report
Form 4
Bairrington Phillip David
Director
Transactions
- Exercise/Conversion
Phantom Units
2020-01-17−1,598→ 0 totalFrom: 2020-01-17→ Common Units (Limited Partner Interests) (1,598 underlying) - Exercise/Conversion
Common Units (Limited Partner Interests)
2020-01-17+1,598→ 12,211 total - Disposition to Issuer
Common Units (Limited Partner Interests)
2020-01-17$64.31/sh−1,598$102,767→ 10,613 total - Purchase
Common Units (Limited Partner Interests)
2020-01-22$62.13/sh+1,640$101,901→ 12,253 total
Footnotes (5)
- [F1]These transactions do not represent the actual purchase and sale of common units by the reporting person. In accordance reporting requirements, they represent the cash settlement of a phantom unit 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]In accordance with Rule 10b5-1, on November 30, 2016, the reporting person gave instructions to purchase common units with the cash payment received upon settlement of the 1,598 phantom units reported on this Form 4.
- [F4]Each phantom unit is the economic equivalent of one common unit of Phillips 66 Partners LP.
- [F5]The phantom units do not have an expiration date.
Documents
Issuer
PHILLIPS 66 PARTNERS LP
CIK 0001572910
Entity typeother
Related Parties
1- filerCIK 0001682473
Filing Metadata
- Form type
- 4
- Filed
- Jan 21, 7:00 PM ET
- Accepted
- Jan 22, 5:23 PM ET
- Size
- 10.3 KB