Bairrington Phillip David 4

4 · PHILLIPS 66 PARTNERS LP · Filed Jan 22, 2020

Form 4

Period: 2020-01-17

Director

Transactions

Exercise/Conversion
Phantom Units
2020-01-17−1,598→ 0 total
From: 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

1 file