4//SEC Filing
Bairrington Phillip David 4
Accession 0001534701-21-000029
CIK 0001572910other
Filed
Jan 19, 7:00 PM ET
Accepted
Jan 20, 5:53 PM ET
Size
12.5 KB
Accession
0001534701-21-000029
Insider Transaction Report
Form 4
Bairrington Phillip David
Director
Transactions
- Exercise/Conversion
Common Units (Limited Partner Interests)
2021-01-16+1,442→ 43,695 total - Purchase
Common Units (Limited Partner Interests)
2021-01-20$30.06/sh+1,445$43,437→ 43,698 total - Exercise/Conversion
Phantom Units
2021-01-16−1,442→ 0 totalFrom: 2021-01-16→ Common Units (Limited Partner Interests) (1,442 underlying) - Disposition to Issuer
Common Units (Limited Partner Interests)
2021-01-16$30.33/sh−1,442$43,736→ 42,253 total - Award
Phantom Units
2021-01-15+3,462→ 3,462 total→ Common Units (Limited Partner Interests) (3,462 underlying)
Footnotes (7)
- [F1]These transactions do not represent the actual purchase and sale of common units by the reporting person. In accordance with 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 15, 2021.
- [F3]In accordance with Rule 10b5-1, on December 7, 2017, the reporting person gave instructions to purchase common units with the cash payment received upon settlement of the 1,442 phantom unit reported on this Form 4.
- [F4]Each phantom unit is the economic equivalent of one common unit of Phillips 66 Partners LP.
- [F5]Annual grant to non-employee directors of phantom units.
- [F6]Phantom units vest on the third anniversary of the grant.
- [F7]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 19, 7:00 PM ET
- Accepted
- Jan 20, 5:53 PM ET
- Size
- 12.5 KB