Willie Cw Chiang - 14 Aug 2023 Form 4 Insider Report for PLAINS ALL AMERICAN PIPELINE LP (PAA)

Signature
/s/ Ann F. Gullion, as attorney-in-fact for Willie CW Chiang
Issuer symbol
PAA
Transactions as of
14 Aug 2023
Net transactions value
-$2,581,002
Form type
4
Filing time
16 Aug 2023, 19:08:54 UTC
Previous filing
08 May 2023
Next filing
21 Aug 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAA Common Units Options Exercise $0 +430,103 +130% $0.000000 761,887 14 Aug 2023 Direct
transaction PAA Common Units Tax liability $2,581,002 -169,246 -22% $15.25 592,641 14 Aug 2023 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PAA Phantom Units Options Exercise $0 -430,103 -100% $0.000000* 0 14 Aug 2023 Common Units 430,103 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Phantom Units granted under Long-Term Incentive Plan (includes distribution equivalent rights payable in cash).
F2 One common unit is deliverable, upon vesting, for each Phantom Unit that vests.