Mitchell Kevin J 4
4 · Phillips 66 · Filed Aug 19, 2024
Insider Transaction Report
Form 4
Phillips 66PSX
Mitchell Kevin J
Exec. VP and CFO
Transactions
- Exercise/Conversion
Common Stock
2024-08-15$74.70/sh+30,000$2,241,000→ 111,937 total - Sale
Common Stock
2024-08-15$139.01/sh−30,000$4,170,411→ 81,937 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2024-08-15−30,000→ 57,200 totalExercise: $74.70Exp: 2031-02-09→ Common Stock (30,000 underlying)
Holdings
- 1,300.838(indirect: COP Savings Plan)
Common Stock
Footnotes (4)
- [F1]The exercise of stock options and sale of shares acquired upon exercise were made solely at the direction of the reporting person's ex-spouse pursuant to a domestic relations order. The reporting person's ex-spouse will retain the after-tax proceeds from the sales.
- [F2]Includes 34,439 Restricted Stock Units that settle for shares of Phillips 66 common stock on a 1-for-1 basis. Since the date of the reporting person's last ownership report, the reporting person transferred 24,770 shares of Phillips 66 common stock to the reporting person's ex-spouse pursuant to a domestic relations order. The reporting person no longer reports as beneficially owned any securities owned by his ex-spouse.
- [F3]The price reported above is a weighted average price. These shares were sold in multiple transactions at prices ranging from $138.715 to $139.32. 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 shares and prices at which the transaction was effected.
- [F4]The stock options became exercisable in three equal annual installments beginning February 9, 2022.