4//SEC Filing
O'Toole Joseph 4
Accession 0001534701-22-000025
CIK 0001572910other
Filed
Jan 19, 7:00 PM ET
Accepted
Jan 20, 6:26 PM ET
Size
11.7 KB
Accession
0001534701-22-000025
Insider Transaction Report
Form 4
O'Toole Joseph
Director
Transactions
- Exercise/Conversion
Common Units (Limited Partner Interests)
2022-01-20+1,650→ 11,650 total - Disposition to Issuer
Common Units (Limited Partner Interests)
2022-01-20$43.96/sh−1,650$72,538→ 10,000 total - Exercise/Conversion
Phantom Units
2022-01-20−1,650→ 0 totalFrom: 2022-01-15→ Common Units (1,650 underlying) - Award
Phantom Units
2022-01-20+2,389→ 2,389 total→ Common Units (2,389 underlying)
Holdings
- 25,000(indirect: By Partnership)
Common Units (Limited Partner Interests)
Footnotes (7)
- [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 14, 2022.
- [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.
- [F5]The plan dictates January 15th as the grant date, but due to that being a holiday weekend, the reporting person was not notified of the transaction until the 20th, which is the transaction date per Rule 16a-3(g).
- [F6]Annual grant to non-employee directors of phantom units.
- [F7]Phantom units vest on the third anniversary of the grant.
Documents
Issuer
PHILLIPS 66 PARTNERS LP
CIK 0001572910
Entity typeother
Related Parties
1- filerCIK 0001582059
Filing Metadata
- Form type
- 4
- Filed
- Jan 19, 7:00 PM ET
- Accepted
- Jan 20, 6:26 PM ET
- Size
- 11.7 KB