4//SEC Filing
Haney Mark 4
Accession 0001534701-22-000028
CIK 0001572910other
Filed
Jan 19, 7:00 PM ET
Accepted
Jan 20, 6:32 PM ET
Size
13.1 KB
Accession
0001534701-22-000028
Insider Transaction Report
Form 4
Haney Mark
Director
Transactions
- Purchase
Common Units (Limited Partner Interests)
2022-01-20$44.53/sh+1,623$72,278→ 34,100 total - Exercise/Conversion
Phantom Units
2022-01-20−1,650→ 0 totalFrom: 2022-01-15→ Common Units (Limited Partner Interests) (1,650 underlying) - Award
Phantom Units
2022-01-20+2,389→ 2,389 totalFrom: 2025-01-14→ Common Units (Limited Partner Interests) (2,389 underlying) - Disposition to Issuer
Common Units (Limited Partner Interests)
2022-01-20$43.96/sh−1,650$72,538→ 32,477 total - Exercise/Conversion
Common Units (Limited Partner Interests)
2022-01-20+1,650→ 34,127 total
Footnotes (8)
- [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]In accordance with Rule 10b5-1, on November 25, 2018, the reporting person gave instructions to purchase common units with the cash payment received upon settlement of the 1,650 phantom units reported on this Form 4.
- [F4]The price of $43.5333 is a weighted average price. These units were acquired in multiple transactions at prices ranging from $44.529 - $44.54. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of units and prices at which the transaction was effected.
- [F5]Each phantom unit is the economic equivalent of one common unit of Phillips 66 Partners LP.
- [F6]The phantom units do not have an expiration date.
- [F7]The plan actually 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).
- [F8]Annual grant to non-employee directors of phantom units.
Documents
Issuer
PHILLIPS 66 PARTNERS LP
CIK 0001572910
Entity typeother
Related Parties
1- filerCIK 0001582073
Filing Metadata
- Form type
- 4
- Filed
- Jan 19, 7:00 PM ET
- Accepted
- Jan 20, 6:32 PM ET
- Size
- 13.1 KB