Delmoro Scott Richard 4
4 · DCP Midstream, LP · Filed Mar 7, 2023
Insider Transaction Report
Form 4
Delmoro Scott Richard
Principal Financial Officer
Transactions
- Exercise/Conversion
Common Units
2023-03-03$41.76/sh+5,260$219,658→ 5,260 total - Disposition to Issuer
Common Units
2023-03-03$41.76/sh−158$6,598→ 5,102 total - Tax Payment
Common Units
2023-03-03$41.76/sh−1,479$61,763→ 3,623 total - Exercise/Conversion
Restricted Phantom Units
2023-03-03−5,260→ 8,950 total→ Common Units (5,260 underlying)
Footnotes (5)
- [F1]Based on the DCP common unit closing price on 2/24/2023.
- [F2]Upon the vesting of the restricted phantom units reported herein, 3% of the acquired common units were deferred pursuant to the reporting person's prior deferral election under a deferred compensation plan. The deferred common units are settled in cash in the deferred compensation plan.
- [F3]The reporting person settled the remaining restricted phantom units for an equal number of common units and satisfied the withholding tax liability by withholding common units.
- [F4]Each restricted phantom unit is the economic equivalent of one DCP common unit.
- [F5]Under the Company's Long-Term Incentive Plan, the restricted phantom units reported herein vested on 02/27/2023 and settled as of 03/03/2023.