TESORO CORP /NEW/ 4
4 · TESORO CORP /NEW/ · Filed Apr 2, 2015
Insider Transaction Report
Form 4
GRAPSTEIN STEVEN H
Director
Transactions
- Disposition to Issuer
Phantom Stock
2015-03-31−5,210.343→ 32,909.994 totalFrom: 2015-03-31→ Common Stock (5,210.343 underlying) - Award
Phantom Stock
2015-03-31+186.962→ 38,120.337 total→ Common Stock (186.962 underlying)
Footnotes (6)
- [F1]Security converts to common stock on a one for one basis.
- [F2]Dividend equivalent rights accrued to previously granted phantom stock awards which were part of corporation program for non-employee directors.
- [F3]Vesting and payout occurs on the earliest of death, disability or the vesting and payout of the underlying award with respect to which the dividend equivalents relate.
- [F4]Balance includes multiple phantom stock grants and previously accrued dividend equivalents.
- [F5]March 31, 2015 In-Service Distribution
- [F6]Previously granted Phantom stock awards which were part of the compensation program for non-employee directors along with related dividend equivalents.