Chris Herbold - 14 Aug 2023 Form 4 Insider Report for PLAINS ALL AMERICAN PIPELINE LP (PAA)

Role: Sr. VP Finance & CAO
Signature: /s/ Chris Herbold
Issuer symbol: PAA
Transactions as of: 14 Aug 2023
Net transactions value: -$485,712
Form type: 4
Filing time: 16 Aug 2023, 19:18:36 UTC
Previous filing: 18 Aug 2022
Next filing: 21 Aug 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PAA	Common Units	Options Exercise	$0	+86,022	+103%	$0.000000	169,506	14 Aug 2023	Direct
transaction	PAA	Common Units	Tax liability	$485,712	-31,850	-19%	$15.25	137,656	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	-86,022	-100%	$0.000000^*	0	14 Aug 2023	Common Units	86,022		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.