BACKES BRENT L 4
4 · DCP Midstream, LP · Filed Jan 5, 2021
Insider Transaction Report
Form 4
BACKES BRENT L
Group VP & General Counsel
Transactions
- Tax Payment
Common Units
2020-12-31$18.44/sh−6,897$127,181→ 29,189 total - Exercise/Conversion
Restricted Phantom Units
2020-12-31−15,680→ 0 total→ Common Units (15,680 underlying) - Exercise/Conversion
Common Units
2020-12-31$18.44/sh+15,680$289,139→ 36,086 total
Footnotes (4)
- [F1]Based on the DCP common unit closing price on 12/30/2020.
- [F2]The reporting person satisfied the withholding tax liability by withholding common units.
- [F3]Each restricted phantom unit is the economic equivalent of one DCP common unit.
- [F4]The restricted phantom units reported on this Form 4 were granted on 2/28/2020 and expected to settle on 02/27/2023; however, the restricted phantom units vested early due to the reporting person's Retirement pursuant to the terms and conditions of the issuer's 2016 Long-Term Incentive Plan.