TESORO CORP /NEW/ 4
4 · TESORO CORP /NEW/ · Filed Apr 5, 2016
Insider Transaction Report
Form 4
Schofield Daryl R
SVP, Commercial
Transactions
- Award
Common Stock
[F1]2016-04-03+1,632→ 1,632 total - Tax Payment
Common Stock
[F2]2016-04-03−447→ 1,185 total
Footnotes (2)
- [F1]Payment of common shares that vested and settled pursuant to ROCE-Based Performance Share Award originally granted by the Compensation Committee of the Company's Board of Directors on July 29, 2013 pursuant to the Company's 2011 Long-Term Incentive Plan.
- [F2]The Company's Long-Term Executive Incentive Compensation Plan permits grantees to pay their federal income tax liability with shares, reducing the restricted share grant.
Signature
/s/ Jean M. Mosel, Attorney-in-Fact for Daryl R. Schofield|2016-04-05