Garland Greg C. 4
4 · Phillips 66 · Filed Aug 9, 2023
Insider Transaction Report
Form 4
Phillips 66PSX
Garland Greg C.
DirectorChairman, CEO and President
Transactions
- Exercise/Conversion
Common Stock
2023-08-07$78.62/sh+169,400$13,318,228→ 831,766 total - Sale
Common Stock
2023-08-07$111.44/sh−169,400$18,877,343→ 662,366 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2023-08-07−169,400→ 0 totalExercise: $78.62Exp: 2026-02-02→ Common Stock (169,400 underlying)
Holdings
- 21,020.697(indirect: By Phillips 66 Savings Plan)
Common Stock
- 500(indirect: Executor of father's estate)
Common Stock
Footnotes (4)
- [F1]Includes 86,169 Restricted Stock Units (RSUs) that settle for shares of Phillips 66 common stock on a 1-for-1 basis.
- [F2]The price reported above is a weighted average price. These shares were sold in multiple transactions at prices ranging from $111.04 to $112.39. The reporting person hereby undertakes to provide upon request of the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares and prices at which the transactions were effected.
- [F3]Based on a recent 401(k) plan statement. Includes shares acquired through on-going acquisitions under 401(k) plan and/or routine dividend transactions that are exempt under rule 16a-11.
- [F4]The options became exercisable in three equal annual installments beginning on February 2, 2017.