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

Role
Chairman & CEO, Director
Signature
/s/ Ann F. Gullion, as attorney-in-fact for Willie CW Chiang
Stock symbol
PAA
Transactions as of
Aug 14, 2023
Transactions value $
-$2,581,002
Form type
4
Date filed
8/16/2023, 07:08 PM
Previous filing
May 8, 2023
Next filing
Aug 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAA Common Units Options Exercise $0 +430K +129.63% $0.00 762K Aug 14, 2023 Direct
transaction PAA Common Units Tax liability -$2.58M -169K -22.21% $15.25 593K Aug 14, 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 -430K -100% $0.00* 0 Aug 14, 2023 Common Units 430K 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.